§ Mr. Stratton Mills
asked the Chancellor of the Exchequer if, after payment of the administrative expenses and interest to depositors at the statutory rate of 2½ per cent., he will use all the surplus income, or a higher percentage than at present, of the Post Office Savings Bank Ordinary Account to make up the capital loss on investments which currently have a value of less than the moneys owed to depositors, rather than continue paying half of this surplus to the Treasury; and if he will make a statement.
§ Mr. MacDermot
This question is reviewed from time to time. I have no further statement to make at present.