§ Mr. Arthur Lewisasked the Chancellor of the Exchequer, in view of the fact that since the establishment of an interest rate of 6d. in the £ sterling on Post Office Savings in 1861 the current value in terms of the purchasing power of 6d. is 2s. 8.73d., whether he will now take steps to increase interest rates on Post Office Savings to 2s. 9d. in the £ sterling.
§ Mr. Harold LeverNo. Changes in purchasing power since 1861 have not affected the amount of interest as a proportion of the amount invested, and are not of themselves a good reason for altering the rate of interest.