§ Mr. Butcher
asked the Chancellor of the Exchequer whether the £27,000,000 raised by the London clearing banks for the adoption of H.M.S. "Rodney" was a free gift to the nation or loaned free of interest for the duration of the war?
§ Sir K. Wood
The sum referred to by my hon. Friend represents subscriptions by banks of all descriptions to interest-bearing Government loans on issue during London's "Warship Week."