Part of Oral Answers to Questions — National Finance. – in the House of Commons at on 30 January 1940.
Mr Frederick Pethick-Lawrence
, Edinburgh East
Is the right hon. Gentleman not aware that there is a considerable body of City opinion in favour of a change downward in the day-to-day rate, and that delay in bringing about a change may affect the conversion by an amount as high as £50,000,000; and in view of these facts does he not think it time to take some steps in this matter?