HC Deb 17 June 1941 vol 372 c480
52. Mr. A. Edwards

asked the Chancellor of the Exchequer how much of the £120,000,000 contributed to the London War Savings Week was in sums of £100 and less?

Sir K. Wood

I am afraid that the information for which my hon. Friend asks is not available.

Mr. Edwards

Is the Chancellor aware that it is quite improper to refer to this £120,000,000 as savings? Does he agree that the effect of this form of borrowing is to increase the charge on the Exchequer by hundreds of thousands of pounds a year?

Sir K. Wood

. I cannot accept that.