HC Deb 12 June 1918 vol 106 cc2212-3
55. Sir JOHN JARDINE

asked the Chancellor of the Exchequer why the Treasury allow commissions to bankers on both War Loans and War Savings Certificates, while none is allowed to brokers on subscriptions coming from them for War Savings Certificates, but only on War Loans?

Mr. BONAR LAW

The commission paid to bankers in respect of War Savings Certificates sold by them is remuneration for actual work done by them which would otherwise fall on the Post Office. This work is not performed by brokers who buy certificates over the counter of a post office in the same way as ordinary members of the public.

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