HC Deb 23 June 1920 vol 130 c2206W
Mr. WADDINGTON

asked the Chancellor of the Exchequer if any compulsory loan be instituted to fund the floating debt, whether he will secure that investments in 5-15-year Treasury Bonds and in Housing Bonds shall be considered as equivalent to an investment in the compulsory loan and that holders of such bonds shall be entitled to set off the issue value against any liability to subscribe a similar amount to a compulsory loan?

Mr. CHAMBERLAIN

I do not contemplate the institution of a forced loan.

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