HC Deb 28 July 1915 vol 73 cc2267-8

asked the Chancellor of the Exchequer whether he will consider the advisability of authorising an alternative scheme for the conversion of Consols and Government Annuities on the lines proposed by Sir Felix Schuster, provided persons desirous of converting invest an equivalent amount in the present War Loan; and whether he will, if necessary, reopen the War Loan subscription list for that purpose and to that extent?


I have given careful consideration to the suggestions made by Sir Felix Schuster, but I could not recommend their adoption by Parliament.