§ MR. HENNIKER HEATONTo ask Mr. Chancellor of the Exchequer whether, having regard to the want of success attending the efforts of the Post Office to popularise the Government system of life insurances, he will consider the advisability of authorising the trustee savings banks of the United Kingdom to grant insurances; and whether any fresh legislation would be necessary in such an event.
(Answered by Mr. Lloyd-George.) The question of granting life insurances through the trustee savings banks has been under consideration from time to time, but it appears to be undersirable to exercise this power except through a Government Department. No fresh legislation would be necessary.