HC Deb 01 August 1918 vol 109 cc655-6W
Captain DOUGLAS HALL

asked the Postmaster-General if he is aware that it is generally understood that War Savings Certificates are transferable; if he will state the reasons for refusing to sanction transfers except between members of any family; and whether he will consider the advisability of authorising transfers in the future?

Mr. PEASE

It is not intended that War Savings Certificates should form marketable securities, and transfers are, therefore, not usually allowed. I have no reason, to believe that the public generally are under any misapprehension on this point, and I regret I am unable to alter the present rule.