HC Deb 04 March 1904 vol 131 cc205-6
SIR JAMES RANKIN (Herefordshire, Leominster)

To ask Mr. Chancellor of the Exchequer if he will state what number of persons have bought deferred annuities in the Post Office of a value not less than £6 10s., commencing at the age of sixty-five years until death.

(Answered by Mr. Austen Chamberlain.) Savings Bank deferred annuities are not granted to commence at a specified age, but at the expiration of a specified term of years. It is, however, found that the number of persons who have purchased deferred annuities of not less than £6 10s. per annum through the Post Office, to

Year. Expenditure on Estimates. Expenditure on Loans. Total.
Apart from War. War Expenditure.
£ £ £ £
1900–01 26,082,544 65,261,000 1,285,772 92,629,316
1901–02 20,528,574 64,132,300 1,749,487 94,410,361
1902–03 28,716,627 40,146,900 1,662,294 70,525,821
§*1903–04 ‡29,800,000 7,145,000 3,600,000 40,545,000
*1904–05 ‡28,830,000 —† 28,830,000
* As in Army Estimates.
†The Expenditure during 1904–5 on the Military Works Loan cannot at present be estimated.
‡ The figures in the first columns from 1901–02 onwards include expenditure under the "Mowatt" programme for Reserves of Stores, etc.
§ Including Supplementary Estimates of £2,700,000.

commence at an age not earlier than sixty-five years, is 105.