HC Deb 16 October 1941 vol 374 c1496
61. Mr. Stokes

asked 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. Wood

Since 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. Stokes

Will 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. Wood

I will think that over.