HC Deb 09 June 1915 vol 72 c278W
Mr. TOUCHE

asked the Chancellor of the Exchequer if he is aware that many patriotic persons would be willing to lodge their spare cash in the Post Office Savings Bank, thereby lending the money to the Government at a low rate of interest, but are hampered by the restriction to £50 in one year and £200 in all; and, with a view to taking full advantage of this desire to help, and keeping in view that many of the working classes are in a position to save more money than for many years past, will he consider whether the special circumstances of the times would justify the Government in taking powers to alter the present limitation for the period of the War?

Mr. McKENNA

I am giving careful attention to this suggestion and also to the general question of facilitating investment in Government loans through the Post Office Savings Banks.