§ Dr. S. Taylorasked the Chancellor of the Exchequer whether he has any statement to make about the amount of the fiduciary note issue.
§ Mr. DaltonYes, Sir. The Treasury, acting under the power conferred by Section 8 of the Currency and Bank Notes Act, 1928, as subsequently amended, have authorised an increase in the amount of the Fiduciary Note Issue by £50 millions to £1,400 millions as from 10th December, 1945. The Treasury Minute will be laid before Parliament.