§ 62. Major NATHANasked the Chancellor of the Exchequer if he will state the gross amount of interest on 5 per Cent. War Loan, 1929–47, paid daring 1930 or any other recent convenient period of 12 months; and what proportion thereof is chargeable to Sur-tax in the hands of the recipients?
Mr SNOWDENThe gross amount paid as interest on the 5 per Cent. War Loan during the year 1930 was £104,576,000. I have no information as to the proportion thereof which is chargeable to Sur-tax.
§ 63. Major NATHANasked the Chancellor of the Exchequer if he will state the amount of 5 per Cent. War Loan 1929–47 outstanding at the latest convenient date; and in what proportion he estimates the same is held by the Bank of England and British joint stock banks, and foreign banks with offices in London, by the Post Office Savings Bank and the trustee savings banks, by insurance companies, by railway companies, by private persons liable to estate duty, and by foreigners, trusts, charities, trade unions, joint stock companies, etc., respectively?
Mr. SNOWDENThe amount of 5 per Cent. War Loan outstanding on the 31st December, 1930, was £2,087,035,000. The information asked for in the second part of the question is not available.
§ Major NATHANIs the right hon. Gentleman aware that in the report of the Colwyn Committee, a table appears on which this question is based setting out the distribution of the National Debt; and is it not possible to make a similar statement with regard to the 5 per Cent. War Loan at this date?