16 AUGUST 1940, Page 14

BANKS AND SAVINGS CERTIFICATES

Srn,—Might a banker explain that what Mr. Deayton is proposing, in expecting his bank to do without both adequate bank balance and commission on his account is simply that the bank should themselves pay the cost of his banking arrangements (because contrary to popular belief there is a cost)?

Why, in doing what Mr. Deayton no doubt rightly conceives to he his duty in lending money to the Government (at interest), should he expect someone else to pay for it? If any sacrifice is involved, surely the virtue would be greater if he bore it himself.—Yours truly,