§ Mr. Asshetonasked the Chancellor of the Exchequer whether he will make a statement about the fiduciary note issue.
§ Mr. R. A. ButlerYes. To provide for the seasonal increase in the demand for notes, the Treasury, in agreement with the Bank of England, has directed that the fiduciary note issue shall be £1,675 million, an increase of £50 million. The Treasury minute giving this direction will be laid before Parliament.