Sterling (Stabilisation).

Oral Answers to Questions — National Finance. – in the House of Commons on 24th November 1931.

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Photo of Mr Anthony Crossley Mr Anthony Crossley , Oldham


asked the Chancellor of the Exchequer whether it is the intention of the Government to defer stabilising the value of the pound sterling until the present bank rate of 6 per cent, has been materially reduced?

Photo of Sir Reginald Clarry Sir Reginald Clarry , Newport (Monmouthshire/Gwent)


asked the Chancellor of the Exchequer the principal conditions governing a decision to return to the gold standard?


I can add nothing to the answer which I gave to the hon. Member for Stockport (Mr. Hamonersley) on Tuesday last. The subject is clearly too large to permit of discussion by way of question and answer.