§ 80. Mr. Jannerasked the Chancellor of the Exchequer when it is proposed to pay to depositors in Palestine, and elsewhere, their holdings in Palestine 3 per cent. Defence Bonds, Savings Certificates and Savings Bank deposits which were guaranteed by His Majesty's Government.
§ Mr. WhiteleyNone of the securities mentioned were guaranteed by His Majesty's Government; but under this year's Finance Act, Palestine 3 per cent. Defence Bonds and War Savings Certificates are to form part of the National Debt of the United Kingdom. The records of holdings have recently Men brought to this country and are now being examined. An announcement will be made explaining how these securities will be dealt 185W with. The repayment of Palestine Savings Bank deposits out of the Savings Bank funds held by the Crown Agents for the Colonies is under consideration.