Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 11 March 1947.
Mr Hugh Dalton
, Bishop Auckland
12:00,
11 March 1947
Silver is silver. Cupronickel might look like silver, but is, in fact, different. There is really no difficulty. about this. We need silver currently for industry and exports, and we are not able to get the amount of silver that we need currently for these purposes from the coinage, because we are only slowly replacing the silver coinage with cupronickel. As this extraction is not enough for our needs, we therefore meet those needs from abroad.