§ Major KELLEYasked the Chancellor of the Exchequer whether the Treasury 440W Minute authorising the Bank of England to make a public issue under the Trade Facilities Act will allow the borrowers latitude in the selection of such brokers as could place the issue on the most advantageous terms, or whether it is the intention of the Government to confine the issue to the Government broker?
Mr. YOUNGThe Bank of England will naturally employ the Government broker, but every endeavour will be made to place each issue on the most advantageous terms.