§ Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer if it is the policy of His Majesty's Government to increase the fiduciary issue indefinitely, or whether an upper limit is envisaged.
§ Mr. DaltonThere is no legal upper limit, but the amount of the fiduciary issue, from time to time, is carefully considered by the Treasury in consultation with the Bank of England.