HC Deb 31 March 1920 vol 127 cc1284-6W
Rear-Admiral ADAIR

asked the First Lord of the Admiralty on what statutory-authority, if any, the rates of freight and insurance for treasure, the property of private owners, carried in His Majesty's ships during the War were arranged with the Bank of England and settled with the concurrence of the Treasury?

Mr. LONG

No statutory authority is required for this or any other contract to be made on behalf of the Crown, in the absence of any statutory limitation to the contrary.