§ Sir W. de FRECEasked the Minister of Pensions if, in order to avoid misconception, he will make a specific statement as to the absorption of the King's Fund and the present employment of the money?
§ Major TRYONThe balance of the King's Fund was handed over by resolution of the trustees, to the Minister of Pensions in 1920 and, pending the making of a scheme which is now being prepared by the Charity Commissioners, the fund is being administered by the Minister of Pensions in accordance with the terms of the constitution of the fund. The balance of the voluntary fund not already earmarked for specific distribution is approximately £48,000.