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Bank Of England (Reserves)

Volume 414: debated on Thursday 18 October 1945

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asked the Chancellor of the Exchequer the value of the hidden reserves of the Bank of England; and if he will give the assurance that such funds will be used for the purposes for which they were collected and not appropriated to other purposes.

My right hon. Friend would prefer to deal with this Question and a number of related matters when he moves the Second Reading of the Bank Bill.