HC Deb 12 November 1917 vol 99 cc34-5
66. Mr. KING

asked the Chancellor of the Exchequer whether the War Savings Committee or any financial authorities, either in the Treasury or outside, have been asked their opinions as to the advantages or advisability of an issue of premium or lottery bonds; and, if so, what opinions were given in favour of such issue?


The hon. Member is aware that the desirability of an issue of premium bonds is to be considered by a Select Committee of this House—at least, I hope so. I do not think it would serve any purpose to indicate in answer to a question the various opinions which I have received from diverse quarters on the question.


Is the right hon. Gentleman aware of the rumour that all these authorities have turned the proposal down, and that therefore this Committee which it is proposed to set up is merely a whitewashing Committee?


I have not heard the rumour, and it does not at all coincide with the advice that has been given to me.