§ 34. Mr. HALL-CAINEasked the Chancellor of the Exchequer if he can now state whether it is intended to effect the conversion of the 5 per cent. War Loan in instalments or in one single operation; and, if the former, whether he will consider the desirability of commencing operations forthwith?
§ Major ELLIOTI can only refer my hon. Friend to the answer which I gave to the hon. Member for Dudley (Mr. Joel) on the 23rd May, namely, that I am unable to make a statement on the matter.