HC Deb 13 July 1920 vol 131 cc2177-8W
Mr. R. YOUNG

asked the Postmaster-General how many municipal banks have been created by municipal authorities throughout the country, and for what purpose the deposits in these banks are to be used; whether it is estimated that these banks will in any way decrease the number of depositors and the amount of money lodged annually in Post Office Savings Banks; and whether he will consider the advisability of confining the work of the Post Office in this direction to a limited number of large Post Office branches distributed throughout the various postal areas?

Mr. BALDWIN

The only municipal bank at present in existence is that of Birmingham: the purpose for which the deposits in this bank can be used are set forth in the Birmingham Corporation Act, 1919, and the statutory Regulations under that Act. The answer to the last two parts of the question is in the negative.