§ Sir W. DAVISONasked the Chancellor of the Exchequer whether war savings certificates which were taken out five years ago, and have been left to accumulate for a further period with the interest which has accrued, will be entitled to run on for a further like period and at like rates of interest as new certificates taken out before the end of the current month?
Mr. YOUNGA 15s. 6d. certificate accumulates to £1 in five years, and to 26s. in 10 years. After that it can continue to be held if and so long as a holder holds a 15s. 6d. certificate of later date, and, if so held, earns interest at 1d. per month. The latest date up to which a 15s. 6d. certificate tan earn interest will thus be 31st March, 1932.