HC Deb 01 November 1932 vol 269 c1610
39. Captain P. MACDONALD

asked the Chancellor of the Exchequer what was the approximate cost of the 5 per cent. War Loan conversion operation, including that of the cash bonuses and advertising?

Mr. CHAMBERLAIN

The cost of the cash bonus and commissions will approximate to £23,000,000, and the remaining expenses including cost of additional staffs, advertising and postage to £600,000.