§ 72. Mr. ROWLANDS
asked the Chancellor of the Exchequer whether he can state what steps the holder of a small sum in cited dollar securities can take in order to lend them to the Government, the holder having been informed by the National Debt Office that, as the holding is under 5,000 dollars worth, he must deposit them with his banker or stockbroker; and, seeing that he has neither a banker or stockbroker, whether he will further inquire why this gentleman, having written to the Treasury for information, has not even had his letter acknowledged?
§ The CHANCELLOR of the EXCHEQUER (Mr. McKenna)
Deposits of less amounts than $5,000 must be made through a banker or broker. I understand that in the case which my hon. Friend has in mind the holder was advised on the 1st August to approach a local bank. I fear I cannot make special arrangements to meet such a case, and the holder was so informed by the Treasury on the 1st August.