§ 50. Mr. Stokes
asked the Chancellor of the Exchequer what steps he proposes to take to encourage the public to lend their savings free of interest to the Government; and what amount he proposes to allocate for expenditure in advertising for this purpose?
§ Mr. Stokes
But that reply was entirely unsatisfactory. Would not the right hon. Gentleman, in view of the fact that £45,000,000 has been subscribed interest-free and which would cost the 30 Government £1,000,000 at 2½ per cent., spend half that sum to encourage people to lend money free of interest? If so, it would still be a great deal less than he spends now.