§ Mr. WATTasked the Chancellor of the Exchequer whether he has yet made any arrangement, and, if not, whether and when he proposes to make such arrangement, whereby Exchequer Bonds, 5 per cent. 1919, 1920, and 1921, which can be 1878W registered at the Banks of England and of Ireland, can also be registered at the Bank of Scotland; and whether he is aware that this inconvenience hinders the success of these bonds in Scotland?
§ Mr. McKENNAAs my hon. Friend is aware, there is no Government Bank in Scotland corresponding to the Banks of England and Ireland, and it is not proposed to make any arrangements for the registration of 5 per Cent. Exchequer Bonds 1919, 1920 and 1921, at any Scottish bank. It is open to any purchaser of bonds to request their registration at the time of purchase; this avoids altogether the necessity of sending bonds through the post, and would seem to provide adequate facilities for the registration of bonds by Scottish holders.