HC Deb 05 June 1919 vol 116 cc2222-3

(by Private Notice) asked the Chancellor of the Exchequer whether a campaign similar to those undertaken in connection with previous loans will be organised to popularise the issue of the Funding Loan?


I have asked the National War Savings Committee to conduct a campaign on lines similar to those which it has successfully organised and carried out on previous occasions. I have ascertained from Sir Robert Kindersley that the preparations for this campaign are already in an advanced stage. I should like to take this opportunity of asking the local authorities throughout the country to co-operate in every way possible with the local war savings committee in their own area. I am confident that the Press will give this campaign the same wholehearted support which they have given in the past, and I hope to make arrangements similar to those made in the case of the last loan for the direction of publicity by a gentleman associated with the Press, in co-operation with the National War Savings Committee, and for the organisation of an Information Bureau for the convenience of the Press.

It is my present intention to issue the prospectus of the new loan on the evening of the 12th June, and the campaign will be opened by a public meeting at the Guildhall, under the presidency of the Lord Mayor, on Monday, 16th June, at which I hope the Prime Minister will be able to attend and speak. Should he unfortunately be detained by his other duties in Paris, my right hon. Friend the Leader of the House has consented to take his place. This meeting will be followed by a conference of the secretaries of local war savings committees of towns over 10,000 inhabitants. May I appeal to all Members of this House to give their most active support to the campaign both on the public platform and by the exercise of their personal influence in their own constituencies. Their help in this direction will be of great assistance in assuring the complete success of the issue.