Oral Answers to Questions — British Army. – in the House of Commons at on 24 July 1923.
asked the Financial Secretary to the War Office if, in view of the continued daily decline in the value of German marks, he will reconsider the decision to continue to pay British soldiers of the Rhine Army in marks and will now introduce payment in sterling?
I cannot accede to the hon. and gallant Member's suggestion that we should pay in sterling. But, in view of the further rapid fluctuation in the value of the mark, the question of making some change, in order to safeguard the soldier's interests, is now under active consideration, and I hope to be in a position to announce a decision next week.
How often is the mark revalued for the purpose of payment?
Once a week.
Lieut.-Colonel WATTS-MORGAN:
Could it not be done once a day?