HC Deb 06 July 1943 vol 390 cc1951-2W
Sir W. Smithers

asked the Chancellor of the Exchequer the total amount of Government loans at the latest convenient date?

Sir K. Wood

The net total of the National Debt at 30th June, 1943, after deduction of Victory Bonds, etc., purchased by the National Debt Commis- but it is not possible to estimate the amount.

The second part of the table gives estimates of the funds accumulated in most of the other forms specified by my hon. Friend at the latest date for which figures are available in each case. These figures are subject to the qualifications which were made by my predecessor, when he gave similar statistics on firth July, 1939, in reply to my hon. Friend the Member for South Croydon (Sir H. Williams):

  1. "(a) It is not practicable to frame an estimate of the extent to which these aggregate savings are attributable to the small saver; the proportion varies in each case.
  2. (b) As far as possible duplication has been eliminated but there still remains a comparatively small amount which cannot be definitely ascertained.
  3. (c) In certain cases the figures include sums which are in the nature of reserves."— [OFFICIAL REPORT, 11th July, 1939; Cols. 2053 and 2054, Vol. 349.]

sioners but not yet cancelled was approximately £17,722,564,000.