§ 19. Mr. SAMUEL ROBERTS
asked the Chancellor of the Exchequer whether, with the view of obtaining a large amount of the money required for the War by means of short loans, he will consider the advisability of authorising the issue of Exchequer Bonds either free of Income Tax or subject only to a fixed rate of deduction or to a proportion only, say one-half, of the current rate of tax?
§ The CHANCELLOR of the EXCHEQUER (Mr. McKenna)
I can assure my hon. Friend that all variations in the terms on which any future issues of short term securities may be made will receive careful consideration.