§ 47. Mr. J. Foster
asked the Chancellor of the Exchequer whether he will consider removing an anomaly in the calculation of the means of claimants for the purposes of the old age and blind persons pensions, which anomaly consists in taking the yearly value of the capital value of property owned by these claimants as 5 per cent. after excluding the first £25 in respect of the next £375 and as 10 per cent. in respect of all capital value in excess of the first £400, whereas, in fact, owing to the present cheapness of money the amount actually received by the claimants is well under 5 per cent.
§ Mr. Dalton
I would refer the hon. Member to my reply on 24th January to the hon. and learned Member for Chester (Mr. Nield).