§ 81. Sir WILLIAM SEAGERasked the Chancellor of the Exchequer if he will state the number of persons holding war savings certificates to the limit allowed, namely £500; and if he will consider extending the limit of the amount to be held by each individual, so that a large capital sum might be raised to reduce the floating debt?
§ Mr. BALDWINThe number of £500 certificates issued is 152,673; but it is not possible without undue expenditure of time and labour to obtain exact figures of the number of persons holding 500 1420 certificates by aggregating several certificates of smaller denominations. As my right hon. Friend the Chancellor of the Exchequer has frequently stated, he is not prepared to raise the limit of £500 for tax-free certificates.