HC Deb 29 March 1923 vol 162 cc746-7W
Mr. TILLETT

asked the Under-Secretary of State for War how many meetings were held by the Committee entrusted with the disbursement of the 10s. in the £ granted in connection with the failure of MacGrigor's Bank; and what was the purport of the information they obtained direct from those charged with the administration of regimental funds?

Mr. GWYNNE

I understand that five full meetings of Lord Askwith's Committee have been held to date, and in addition a sub-Committee has held frequent meetings. The information. obtained from those charged with the administration of the regimental funds comprised

  1. (1) the objects of the fund;
  2. (2) its source of income;
  3. (3) the reason for the; account being opened at MacGrigor's;
  4. (4) the extent of liability of the administrator to the subscribers or to other persons;
    5. 747
  5. (5) whether the loss of the balance involves serious hardship to individuals.