Post-War Credits

Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 23 Mehefin 1964.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Luke Teeling Mr Luke Teeling , Brighton, Pavilion 12:00, 23 Mehefin 1964

asked the Chancellor of the Exchequer if he will take steps to revive the machinery of post-war credits to collect sums from young people under 20 to be held for them until they are either 25 or are getting married, whichever is the earlier, in view of the fact that they are earning money which they do not know how to spend.

Photo of Mr Alan Green Mr Alan Green , Preston South

Well, Sir, we do not believe that this is the correct way of getting young people to save.

Photo of Mr Julian Snow Mr Julian Snow , Lichfield and Tamworth

Is not the proposal in the Question a gross infringement of private rights and are not the vast majority of young people perfectly responsible?