HC Deb 15 August 1940 vol 364 c990W
Sir L. Lyle

asked the Chancellor of the Exchequer whether he is aware that many people, who would otherwise invest in 2½ per cent. War Bonds, are holding back potential money reserves wherewith to meet Income Tax, Surtax and other liabilities to the State in the near future; and whether, to promote the immediate flow of capital to the State, he will arrange for these securities to be accepted in due course at par in payment of the contingent liabilities referred to?

Sir K. Wood

I do not think it would be desirable to add to the terms on which the 2½ per cent. National War Bonds were issued the further benefit proposed by my hon. Friend.