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London "Warship Week" (Banks' Subscriptions)

Volume 387: debated on Tuesday 16 March 1943

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asked the Chancellor of the Exchequer whether the £27,000,000 raised by the London clearing banks for the adoption of H.M.S. "Rodney" was a free gift to the nation or loaned free of interest for the duration of the war?

The sum referred to by my hon. Friend represents subscriptions by banks of all descriptions to interest-bearing Government loans on issue during London's "Warship Week."