§ 61. Mr. Stokesasked the Chancellor of the Exchequer how much money has been spent on advertisements urging the public to invest in War Loan and interest-free loans, respectively?
§ Sir K. WoodSince November, 1939, approximately £968,000 has been spent on advertising the various forms of War Loan. No money has been spent on advertising interest-free loans, and this form of lending has been the result of the patriotism of those who have spontaneously chosen to assist our war effort in this way.
§ Mr. StokesWill the Chancellor arrange to take a sum at least equal to the interest which would be payable on the amount subscribed to interest-free loans had that amount been invested in War Loan, so as to advertise encouraging people to lend their money to the Government free of interest?
§ Sir K. WoodI will think that over.