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Reference Number (click to see whole series/group)EID4/110
Extent1 file
TitleHOME FINANCE: BANKING - CONTROL OF BANK CREDIT
Date19 Sep 1957 - 28 Nov 1962
DescriptionChancellor Peter Thorneycroft's measures, September 1957. Restriction of bank advances. Determination of formula. Restrictions lapsed, July 1958. Replaced by Special Deposit scheme (correspondence between Chancellor Derick Heathcoat-Amory and Governor Cameron Fromanteel Cobbold in file). Special deposits called, April 1960 and July 1961; partly released May 1962 (reasons for only partial release in file). Various papers (prose and algebra) on special deposits and the structure of banks' balance sheets, 1960, by William Maurice Allen and others, at end of file.
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