§ Commander Keransasked the Chancellor of the Exchequer whether he will give a direction in the public interest under Section 4 of the Bank of England Act, 1946,to the Bank of England to ensure that Treasury notes being returned to London for pulping should be appropriately defaced before final transit.
Mr. MacmillanIt would not be appropriate to give a formal direction to the Bank of England on this subject; but I can assure the hon. Member that arrangements for the transmission of bank notes are at present being actively re-examined by those concerned.