HC Deb 19 June 1947 vol 438 c233W
56. Viscount Hinchingbrooke

asked the Chancellor of the Exchequer whether he is aware that the net receipts from new savings in the present financial year are lower than his Budget expectations; whether he will stimulate public interest in saving by improving the rates and terms offered; and if he will emphasise the nonparty character of the National Savings Movement by identifying the proceeds of any future appeal with capital construction works for defence, public building, land reclamation and afforestation and the like at home and with development loans to the Colonial Empire.

Mr. Glenvil Hall

The answer to the first part is Yes, but the financial year is yet young; to the second part, No. The Savings Movement is regarded by all good citizens as non-party, and national savings cannot be earmarked for any specific purposes, however meritorious