Memorandum and covering note from Sir Patrick Hastings to Prime Minister's [Neville Chamberlain] Private Secretary setting out his proposal for a scheme to "effect a form of compulsory investment in a National Loan without confiscation and . . . without the disadvantage of direct taxation", as devised at the request of [1st] Lord Reading [earlier Sir Rufus Isaacs] and presented to the Cabinet in 1916, but abandoned as a result of opposition by Arthur Henderson [later Lord Rowley, Labour MP].