Viscount Hinehingbrookeasked the Chancellor of the Exchequer how many persons are directly employed in the management of the National Debt; and what is the amount of the total salaries paid to such persons.
§ Sir J. AndersonApart from the securities managed by the Post Office the management of the National Debt is by Statute vested in the Banks of England and Ireland respectively, and their remuneration for the management is based on rates agreed for the various types and amounts of the securities involved. These rates are for the most part expressed in terms of so much per million pounds of securities and are set out in the annual Finance Accounts of the United Kingdom. The Treasury does not call for particulars of the staff of the Banks wholly or partly engaged on the work of management.