§ 48. Mr. Brewisasked the Postmaster-General if he will allow interest at Post Office deposit rate to be paid whenever sums of money exceeding £100 are lodged with his Department for over a month, either as a result of the repayment of a Government loan or from other causes.
§ Mr. Edward ShortInterest is payable only as provided in the published terms of the security or account in which the money is invested at the time. Monies arising on the maturity of a Government Loan such as Defence Bonds cannot be repaid or reinvested to earn interest except with the authority of the holder or his representative. I am however considering further ways of reminding bondholders of any outstanding maturities.