Silver Coinage.

Oral Answers to Questions — Education. – in the House of Commons on 11th May 1922.

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Lieut.-Colonel SPENDER CLAY:

38.

asked the Chancellor of the Exchequer whether it is proposed to revert to the pre-War purity of silver coinage; and what profit the Treasury anticipate during the current financial year from the issue of silver coins manufactured from the alloy at present in use?

Photo of Sir Robert Horne Sir Robert Horne , Glasgow Hillhead

The answer to the first part of the question is in the negative. The answer to the second part is that the estimated Mint Exchequer receipts in 1922–23 are £1,180,800. It is not possible to give a separate figure for silver coin.

Photo of Mr Arthur Samuel Mr Arthur Samuel , Farnham

Does not the saving of a million or more on this debased coinage destroy any claim we may have to be an artistic people?