Orders of the Day — Sterling Exchange Rate

Part of the debate – in the House of Commons at 12:00 am on 29th September 1949.

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Photo of Mr Winston Churchill Mr Winston Churchill , Woodford 12:00 am, 29th September 1949

I should not have referred at all to the Gold Standard, although I do not mind discussing it, unless I had been made the object of a vicious attack by the Chancellor of the Exchequer, who had charged me, practically in so many words, with having sought to afflict the British public with large and massive unemployment as a result of my policy. That being so, I found it necessary to re-state some of the unchallengeable facts of the matter.