HC Deb 09 March 1916 vol 80 cc1715-6
87. Mr. WATT

asked the Chancellor of the Exchequer whether he has considered the advisability of inviting the co-operation of friendly societies, industrial insurance associations, and National Health Insurance approved societies, to place the machinery of their organisations at the disposal of the State on suitable terms of remuneration, in order to bring facilities for saving to the homes of the people, and to collect by means of stamps or otherwise whatever savings they are willing to lend to the Government?

The CHANCELLOR of the EXCHEQUER (Mr. McKenna)

The National Organising Committee or War Savings is inviting the co-operation (so far as possible on a voluntary basis) of all classes and all existing organisations in the work of bringing before every member of the community the national need for saving and the facilities now available for the investment of savings in securities issued by the Treasury for financing the War. I understand that representatives of all the bodies mentioned in the question are already in consultation with the Committee as to the best means to be adopted.

Mr. BOOTH

Can the right hon. Gentleman explain why representatives of these institutions were not put on the Committee?

Mr. McKENNA

asked for notice of that question.