HC Deb 29 April 1947 vol 436 c1720
52. Sir W. Darling

asked the Chancellor of the Exchequer if he will estimate the cost of making savings up to £5,000 in Government stocks for each British citizen, free of Income Tax; and if he will consider this proposal in the interests of the National Savings Movement.

Mr. Glenvil Hall

No such estimate is possible, but in any case I cannot entertain this proposal.

Sir W. Darling

Are we to understand from that reply, especially the latter part of it, that the Minister has not under consideration any new methods of encouraging the National Savings Movement?

Mr. Glenvil Hall

My right hon. Friend is always ready to consider new methods, and if the hon. Member has any to suggest I hope he will put them forward.

Sir W. Darling

This, I venture to say, is one.