§ 71. Mr. ASHLEYasked the Chancellor of the Exchequer whether he proposes to issue part of the next War Loan in premium or bonus bonds of small amount?
§ The CHANCELLOR of the EXCHEQUER (Mr. McKenna)I am unable to anticipate the terms of future Government issues. I may say, however, that the Government have decided not to make an issue of the kind suggested, which would be contrary to the provisions of existing Statutes.
§ Mr. ASHLEYDoes the right hon. Gentleman bear in mind that the Government is now owning race-horses?
§ Mr. McKENNAYes, the Government owns race-horses, but it is for entirely different purposes.