§ Major Owenasked the Chancellor of the Exchequer whether it was with his approval, or on his instructions, that Sir Robert Kindersley, chairman of the War Savings Committee, on 2nd August broadcast the suggestion that boards of directors are impeding the national war effort by refraining from investing their companies' funds in National War Bonds because of the low rate of interest?
§ Sir K. WoodMy hon. and gallant Friend has misinterpreted the intention of this broadcast. Sir Robert said, after referring to certain doubts, that the response to the issue had been definitely good and added, as I should have wished, an exhortation to even greater efforts on the part of subscribers.