§ 48. Sir J. POWERasked the Financial Secretary to the Treasury the aggregate amount of the savings of the people in National Savings Certificates, deposits in the Post Office Savings Bank, Trustee Savings Bank, investments in building societies, co-operative societies, and friendly societies at the latest available date and, for comparison, the aggregate for 1913?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Arthur Michael Samuel)On the latest available statistics the aggregate amount invested in the ways referred to in the question, including in the case of building societies and co-operative societies accumulated balances of profit, is approximately £1,370 millions. The aggregate for 1913, when as my hon. Friend is aware savings certificates had not been issued, was approximately £440 millions.