Oral Answers to Questions — British Army of Occupation (Pay).

– in the House of Commons on 3rd July 1923.

Alert me about debates like this



asked the Under-Secretary of State for War at what rate of exchange were the other ranks of the Army of Occupation in Germany paid on 25th May, 1st, 8th, 15th and 22nd June; and what were the commercial rates on those dates?

Photo of Mr Rupert Gwynne Mr Rupert Gwynne , Eastbourne

With the hon. and gallant Member's permission, I will circulate these figures in the OFFICIAL REPORT; but I may say that, in each week in question the official rate was slightly more advantageous to the soldier than the commercial rate would have been.

Following are the figures promised:

The official rates of exchange at which, the troops on the Rhine were paid were:—

1923.Marks = £1.
25th May264,000
1st June350,400
8th June367,200
15th June504,000
22nd June696,000

The commercial rates of exchange in Cologne were

1923.Marks = £1.
25th May250,000
1st June335,000
8th June360,000
15th June490,000
22nd June630,000