§ Mr. A. T. DAVIESasked the Chancellor of the Exchequer whether he will consider the desirability of increasing the number of savings certificates that any one investor may hold in order to continue to encourage thrift?
§ Mr. BALDWINAs has been frequently explained national savings certificates are exempt from Income Tax, and in these circumstances I am not prepared to raise above 500 the number of certificates which may be held by or for the benefit of any one individual.