§ 16. Captain Pilkingtonasked the Chancellor of the Exchequer what was the percentage increase in savings of all sorts in 1951 and 1957 compared with 1946.
§ Mr. MaudlingTotal national saving, before providing for depreciation and stock appreciation, increased by just over 400 per cent. between 1946 and 1951, and by 700 per cent. between 1946 and 1957. These figures cover saving by persons, companies, public corporations and central and local government, and are based on the estimates given in Table 6 of the National Income Blue Books for 1956 and 1957, and the recent National Income White Paper (Cmd. 398).
§ Captain PilkingtonIs this not yet another very welcome sign of the great success of this Government?