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Mr. Dixon
asked the Chancellor of the Exchequer if he will consider the present arrangements for the redemption of World War I war loans from elderly long-term holders; and if he will take steps to see that all such loans are redeemed in cases of hardship.
Mr. Lawson
Whilst I have great sympathy with elderly long-term holders of 3½ per cent. war loan who are suffering hardship, I have no plans for the redemption of the stock.