§ Sir E. Graham-Littleasked the Financial Secretary to the Treasury whether the Bank of England has increased its holding of gold during the past 12 months; and, if so, for what reason?
§ Lieut.-Colonel ColvilleThe gold in the Issue Department of the Bank of England was increased by about £13 millions during the past 12 months. The reason was presumably to increase the reserve in view of currency requirements, notably in connection with the Coronation.