HC Deb 12 December 1922 vol 159 c2607W
Mr. MIDDLETON

asked the Chancellor of the Exchequer if the maintenance of a staff for the organisation of the sale of National War Savings Certificates entails any charge on public funds; if so, what is the cost per annum; and whether public money is expended on advertising the Certificates, and, if so, who are the advertising agents?

Mr. BALDWIN

For the detailed Estimates of the cost of the National Savings Committee and the Scottish Savings Committee for the year 1922–23, I would refer the hon. Member to Class VI of the Estimates (Votes 7 and 6). The actual expenditure in 1921–22 was £88,010. Certificates are advertised, as other Government securities have been. The advertising is under the control of the two Savings Committees and cost in 1921–22 about £98,000. The total subscriptions to Certificates amounted to £120,263,239 in 1921–22 and this year are at the rate of about £3,600,000 a month.

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