§ Lieut.-Colonel Lockwood
asked the Chancellor of the Exchequer whether he will make a statement about the fiduciary note issue.
§ Mr. R. A. Butler
Yes. To provide for the usual seasonal increase in the demand for notes, the Treasury have authorised an increase of £50 million in the fiduciary note issue bringing the total of the issue up to £1,625 million. The Treasury Minute will be laid before Parliament.