Copper Coinage

Oral Answers to Questions — National Finance – in the House of Commons on 20th October 1942.

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Photo of Mr Tom Driberg Mr Tom Driberg , Maldon

asked the Chancellor of the Exchequer whether, in order to save copper and in view of the number of common objects whose price has increased from 1d. to 1½d., he will consider issuing a 1½d. coin?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

Suggestions for the issue of such a coin have been considered from time to time, but have had to be rejected. Apart from the objections to minting the very large numbers required to permit the free use of a new denomination, it would not appear generally conveneint to increase the present number of denominations of coin which have to be handled.

Photo of Mr Tom Driberg Mr Tom Driberg , Maldon

Has the matter been considered recently, since the average price of a bus ticket went up to 1½d.?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

When the hon. Member put down his Question, I went into the matter again with my advisers.

Photo of Mr Herbert Williams Mr Herbert Williams , Croydon South

Does my right hon. Friend realise how easy it would be, if the suggestion were adopted, to increase the price of the "Daily Express"?