§ 63. Mr. CLOUGHasked the Chancellor of the Exchequer whether, in view of the necessity of still raising public money and of the desirability of further inculcating the principles of thrift, he will consider the advisability of removing the present limit on the amount of war savings certificates purchasable by any one individual, as a large number of the investing public already hold 500 certificates?
§ Mr. BALDWINIn view of the fact that neither Income Tax nor Super-tax is payable on interest earned on War Savings Certificates, I am not prepared to raise above 500 the limit for the number of certificates which can be held by one person.