HC Deb 23 June 1964 vol 697 cc215-6
21. Sir W. Teeling

asked the Chancellor of the Exchequer if he will take steps to revive the machinery of post-war credits to collect sums from young people under 20 to be held for them until they are either 25 or are getting married, whichever is the earlier, in view of the fact that they are earning money which they do not know how to spend.

Mr. Alan Green

No, Sir.

Sir W. Teeling

Why, Sir?

Mr. Green

Well, Sir, we do not believe that this is the correct way of getting young people to save.

Mr. Snow

Is not the proposal in the Question a gross infringement of private rights and are not the vast majority of young people perfectly responsible?