HC Deb 10 January 1916 vol 77 c1292W
Captain C. BATHURST

asked the Chancellor of the Exchequer what is the position of people of humble means who still hold War Loan vouchers amounting in the aggregate to less than £5, with the view of ultimately bringing their investment up to at least this amount by further allocations of savings from their wages; and whether by continuing to hold their vouchers these persons have lost their capital or the interest upon it, or both?

Mr. McKENNA

Persons holding War Loan Scrip Vouchers amounting in the aggregate to less than £5 will be enabled to bring their holding up to £5 and to receive the interest on the vouchers from the date of purchase. The exact form in which facilities will be provided for this purpose depends upon the decision to be reached when the Report of the Committee dealing with this question is available as to the form in which small investors are to be invited to place their savings at the disposal of the Government for war purposes. It is, of course, open to the holder if he sees fit to pay in his vouchers to the credit of his account with the Post Office Savings Bank at their face value.

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