HC Deb 21 March 1963 vol 674 cc82-3W
36. Dr. Broughton

asked the Chancellor of the Exchequer whether, in view of the Government's policy of stopping temporarily the sale of Defence Bonds and National Savings Certificates, he will give an assurance that he will not discourage saving in the Trustee Savings Banks; and if he will make a statement.

52. Mr. Dodds

asked the Chancellor of the Exchequer, in view of concern amongst voluntary savings workers of the National Savings Movement at his decision to suspend the sale of savings certificates for nine weeks, particularly in the towns where Savings Weeks have been planned during this period, if he will make a statement on his policy in this matter.

59. Mr. Goodhew

asked the Chancellor of the Exchequer whether he will make a statement as to his purpose in withdrawing the current issue of savings Certificates; and whether it is his policy to continue to encourage National Savings.

Mr. Boyd-Carpenter

I can give an absolute assurance that it remains the Government's policy to encourage savings. So far as National Savings Certificates and Defence Bonds are concerned, we naturally regret the difficulty caused to National Savings workers by the need for a gap in the availability of these securities resulting from the reduction in interest rates. We are however confident that the National Savings Movement will not allow this temporary, difficulty to discourage its splendid work to which the Government attach the highest value.