HC Deb 27 July 1916 vol 84 c1876W
Sir C. HENRY

asked the Chancellor of the Exchequer if he can state, approximately, the amount of Treasury Bills in the possession of neutral countries; and whether he is aware of any amount that may be held in neutral countries by financial houses which have enemy associations?

Mr. McKENNA

The answer to the first part of the question is in the negative. I have no materials that would enable me to answer the second part.

Sir C. HENRY

asked the Chancellor of the Exchequer (1) whether it is the intention of the Government, before the Adjournment, to make an issue of a loan by which Treasury Bills at present outstanding, amounting to over £800,000,000 sterling, may be consolidated; and (2) whether it is the intention of the Treasury to limit the amount of Treasury Bills at any one time; and, if so, whether he will state that amount?

Mr. McKENNA

As I stated, in reply to my hon. Friend on 20th July, it would not be in the public interest to make any statement on these matters at present.