29 MAY 1920, Page 15

COMPULSORY INVESTMENT IN GOVERNMENT STOCK. [TO THE EDITOR or THE

" SPECTATOR.") SIR,—Apparently the chief trouble of the Government at the moment is to raise sufficient money to pay off an enormous floating debt. I should like to suggest, what appears to me a very simple remedy, namely, that every holder of capital should be compelled to hold a certain proportion of some form of Government stock, paying a reasonable rate of interest, say 5 per cent. This would be a very fair way of raising the money, and would only affect the unpatriotic investor who has not answered his country's appeals in the past.—I am, Sir he.,

H. C. Arim.