HC Deb 18 June 1912 vol 39 cc1624-5W
Mr. TOUCHE

asked the Chancellor of the Exchequer the amount of remuneration paid or payable to the Bank of England in respect of Exchequer bonds, Exchequer bills, and Treasury bills in each year during the period of five years to 31st March, 1912?

Mr. LLOYD GEORGE

Remuneration has been paid to the Bank of England in respect of Exchequer bonds and Treasury bills as follows:—

£ s. d.
In 1907–8 for the year 1906–7 6,292 12 0
In 1908–9 for the year 1907–8 5,062 12 0
In 1909–10 for the year 1908–9 5,760 0 0
In 1910–11 for the year1909–10 8,707 0 0
In 1911–12 for the year1910–11 9,512 3 5
No Exchequer bills have been current during the last five years. The details of these amounts will be found in the Annual Finance Accounts.

Mr. TOUCHE

asked the Chancellor of the Exchequer the amount of remuneration paid or payable to the Bank of England and the. Bank of Ireland, respectively, for the management of the National Debt inscribed in their books, in each year during the period of five years to 31st March, 1912?

Mr. LLOYD GEORGE

The following table shows the remuneration paid in the last five years in respect of the management of the National Debt inscribed in the books of the banks (including the amounts paid under Section 4 (6) of the Bank Act, 1892, from the local loans fund and from the Vote for the Irish Land Commission):

— Bank of England. Bank of Ireland.
£ s. d. £ s. d.
In 1907–8 for the year 1906–7 188,791 5 0 9,736 1 4
In 1908–9 for the year 1907–8 186,999 18 11 10,129 14 2
In 1909–10 for the year 1908–9 186,336 14 2 9,980 7 5
In 1910–11 for the year 1909–10 186,277 0 10 10,021 5 8
In 1911–12 for the year 1910–11 186,538 3 8 9,970 19 5
The details of these amounts will be found in the Annual Finance Accounts.