§ 17. Mr. McKibbinasked the Postmaster-General if he is aware that the latest leaflets available in banks and post offices about National Savings Certificates are dated November, 1954; and, in view of the need for stimulating National Savings, he will see that up-to-date leaflets giving information about the additional number of units of the current ninth issue which may now be held, will be made available as soon as possible.
Dr. HillYes, Sir. The existing leaflets, of which there are large stocks, are being amended as fast as possible pending their replacement by a new issue.
§ Mr. McKibbinI am delighted that a new amendment slip has been issued since I put down my Question on 6th December; but will my right hon. Friend call the attention of the new Chancellor of the Exchequer to the fact that the current issue of National Savings Certificates was first available on 1st February, 1951, when the Bank Rate was 2 per cent., and that the Government should now make a further issue available at more favourable terms, which would be more in line with current interest rates and would encourage small savings?
Dr. HillI am concerned with the first part of the supplementary question. I hope that my hon. Friend will not be disappointed to learn that the issue of the slip began before he put down his Question.