HC Deb 22 February 1949 vol 461 cc1691-2
66. Sir W. Smithers

asked the Chancellor of the Exchequer if he will give, at the latest available date, an account showing the nature and amount of the securities held by the National Debt Commissioners as investments for moneys of the National Insurance Funds.

Sir S. Cripps

No, Sir. In accordance with long established practice, I am not prepared to anticipate information which will be given to Parliament under Statute.

Sir W. Smithers

May I take it that these securities are invested in Government securities, and will the right hon. and learned Gentleman try to find trustee securities other than Government securities, because they will be a better security for these Funds?

Sir S. Cripps

No, Sir.