§ 42. Mr. Cecil Wilsonasked the Chancellor of the Exchequer whether his attention has been called to the issue of a loan by the Dominion of Canada of registered non-interest bearing certificates to be used by the Government to finance expenditure designed to alleviate distress or human suffering due to war; whether he can give particulars of the loan; and whether he will consider the issue here of some similar loan?
§ The Financial Secretary to the Treasury (Captain Crookshank)My right hon. Friend understands that 559 the loan to which my hon. Friend refers has been issued by the Canadian Government to afford an opportunity for lending by Mennonites and other persons whose religious beliefs preclude investment in securities the proceeds of which are used to finance war expenditure. The loan certificates do not bear interest and they are not transferable. My right hon. Friend sees no reason to contemplate an issue on similar lines in this country.