§ Mr. FORDasked the Chancellor of the Exchequer whether the Treasury still retain, by way of loan on deposit, any securities on which a half per cent., or other consideration, is paid over and above the rate of interest borne by each security; if so, what is the nominal amount of these securities; the number of the staff, temporary or otherwise, employed; the estimated cost of the Department for the year to 31st March, 1923; and how much of that goes in salaries?
57W
§ Sir R. HORNEThe last of the securities loaned to the Treasury was listed for return on 31st March, 1922, from which date the payment of the additional allowance of half per cent. ceased. The staff at 31st March, 1922, consisted of 78 temporary officials, of whom 38 are employed at the present time in winding up the business of the Departments. The estimate for the salaries of the staff for the current financial year is £3,520. The estimate for the Treasury Securities Deposit Scheme for the current year amounts to £38,600, and includes £12,500 revoted for additional allowance which had accrued up to 31st March, 1922, but could not be paid before the close of the year, and also £22,500 revoted for commission to agents for a similar reason.