§ Mr. Russell Johnstonasked the Chancellor of the Exchequer whether he will now consider repaying the full value of 3½ per cent. War Stock to those who have held stock since before 1950.
§ Mr. NottNo. I can hold out no prospect of this. The Government are forced to the conclusion that any scheme of this sort, necessarily at the taxpayer's expense, would be inequitable as between past and present holders of War Loan and other undated Government stocks.