5 JANUARY 1918, Page 20

COMPULSORY SAVING.

[To THE EDITOR or THE " SPECTATOR."] Sia,—In order to finance the war all in the country, rich and poor, should be obliged to invest at least from ten to fifteen per cent. of their income in War Saving Certificates or War Bonds. This would bring home to all the necessity of advancing the money required, and would oblige the wage-earners to save something out of high or low wages. In their case the employer would probably have to deduct the necessary percentage and pay it into the Pose Office. Some restriction might have to be put upon the sale of the Certificates and/or Bonds purchased under this arangement to prevent their being sold immediately after pur- chase. A stipulation that they should not be sold within eight months or a year would be sufficient.—I am, Sir, &c., Holly Hill, Coleman's Hatch, Sussex. ALEX. MCANDREW.