§ Sir W. Smithers
asked the Chancellor of the Exchequer what was the average amount of Tax Reserve Certificates outstanding in each quarterly period during the three years to 30th September, 1944.
§ Sir J. Anderson
To work out the averages asked for by my hon. Friend would entail an expenditure of time and labour which would hardly be justified by the results. The amounts of Tax Reserve Certificates outstanding at the end of each quarter can however be calculated from the published monthly debt statements.