Results 81–100 of 458 for speaker:Mr David Mason

Orders of the Day — Supply.: Civil Estimates and Estimates for Revknue Departments, 1935 (Vote on Account). (7 Mar 1935)

Mr David Mason: I said that this House laughs and that Paris was amazed that we did not appreciate the situation.

Orders of the Day — Supply.: Civil Estimates and Estimates for Revknue Departments, 1935 (Vote on Account). (7 Mar 1935)

Mr David Mason: The right hon. Gentleman does not seem to appreciate what inflation is. He assumes that if the Bank of England increases its gold, therefore it may increase its notes. The test of inflation is the proportion which the notes bear to the trade that we are doing. The test of inflation is, as I have said over and over again, and it is acknowledged by all, to compare your Mint price with your...

Orders of the Day — Supply.: Civil Estimates and Estimates for Revknue Departments, 1935 (Vote on Account). (7 Mar 1935)

Mr David Mason: Does the right hon. Gentleman attribute the fact of the fall to speculators?

Oral Answers to Questions — Public Health.: Sterling Exchange. (28 Feb 1935)

Mr David Mason: 37. asked the Chancellor, of the Exchequer whether his attention has been drawn to the high price of gold bullion, indicating a continuous fall in the value of the paper pound; and whether His Majesty's Government propose to take any steps to arrest a further fall?

Oral Answers to Questions — Public Health.: Sterling Exchange. (28 Feb 1935)

Mr David Mason: Can the right hon. Gentleman hold out any hope of an early stabilisation of the pound?

Oral Answers to Questions — Public Health.: Sterling Exchange. (28 Feb 1935)

Mr David Mason: Is the right hon. Gentleman not aware of the gravity of the movements in the rate of exchange?

Sterling Exchange. (28 Feb 1935)

Mr David Mason: I beg to ask leave to move the adjournment of the House on a definite matter of urgent public importance, namely, the continuous fall in the value of the paper pound, and the declared inability of His Majesty's Government to offer any remedy to arrest its further fall.

Sterling Exchange. (28 Feb 1935)

Mr David Mason: With all respect, may I ask when in your opinion the urgency will become urgent? When the paper pound is worth five shillings or, like the mark, valueless, should I then be in order in moving the Adjournment as a matter of urgency?

Oral Answers to Questions — Trade and Commerce.: Messrs. James and Shake Speare, Limited (Inquiry). (26 Feb 1935)

Mr David Mason: Is it not the case that this report could be discussed in this House on the Board of Trade Vote?

Clause 5. — (Proclamation of Federation of India.) (26 Feb 1935)

Mr David Mason: The hon. Member for South Croydon (Mr. H. Williams) said we ought to proceed first by provincial government and then come to federation. Notwithstanding what he said, I think we can assume that the great majority of people are in favour of the federal idea. The hon. Member for Caerphilly (Mr. Morgan Jones) on the Opposition benches paid a handsome tribute to the Secretary of State and said he...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: We are indebted to the hon. Member for Lime-house (Mr. Attlee) for drawing our attention to this most important subject of national monetary policy. The hon. Member made an attack upon the banks. I hold no brief for the banks, who are quite capable of looking after themselves, but so far from the banks in the North of England having a stranglehold on industry, if they have erred at all it is...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: My hon. Friend reminds me that it was Dr. Johnson. The hon. Member for Aberdeen East (Mr. Boothby), in his brilliant speech, said that these measures were mere palliatives. I agree. I am glad that he stressed the importance of restoring international trade. I have some interesting figures which indicate the state of unemployment in this country to-day, or as it was in the month of May this...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: I am very glad to have that statement. I assure the right hon. Gentleman that it was not my intention to misrepresent the position. I said that it was difficult to express a view because of our lack of knowledge of what the account is doing. The right hon. Gentleman has very frankly told us that it is not being used to depreciate the pound sterling. Then I assume that if it has been used at...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: I appreciate that, and we will not quarrel about the phrase "iron out", but if to iron out means maintaining the pound by artificial interference then obviously it is having the effect which I suggest. If this great credit of £350,000,000 is used for a specific purpose and if it is not used for the depreciation of the pound but merely for ironing out these fluctuations, then unquestionably...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: I am thinking of what is the amount of depreciation or appreciation which you are prepared to face. The real answer to the hon. Member is to ask what is the test of the unit which you propose, that is the test of depreciation in the pound sterling. It can always be arrived at by comparing the market value of gold with the Mint price. The difference between the market value which is round...

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: I do not think I said that. Not being in a position to know exactly why the banks made advances, I should be sorry to offer a criticism of their policy, but I think I said that if they had erred at all they had erred in being rather too free with their advances.

Adjournment (Christmas). (21 Dec 1934)

Mr David Mason: Does the right hon. Gentleman suggest that the Government have been entirely responsible for cheap money?

Orders of the Day — Depressed Areas (Development and Improvement) Bill.: Clause 4. — (Supplementary provisions as to smallholdings and allotments.) (13 Dec 1934)

Mr David Mason: I have listened to much of this Debate, and I do not agree with a great deal of what the last speaker said, but he seemed opposed to the indiscriminate spending of public money. The hon. Member for Silvertown (Mr. J. Jones) seemed to think the whole remedy for this state of affairs was just to spend money. It is quite true that, to go back to the beginning of last century, there was a great...

Orders of the Day — Depressed Areas (Development and Improvement) Bill.: Clause 4. — (Supplementary provisions as to smallholdings and allotments.) (13 Dec 1934)

Mr David Mason: I am glad to have that honest and sincere reply. The mere expenditure of public money will not settle this problem. We have to find some solution that will stimulate trade, and particularly export trades which so closely affect shipping, on which the majority of the men to whom I have referred depend. Anyone who can contribute some ideas as to how that solution can be found will contribute...

Orders of the Day — Depressed Areas (Development and Improvement) Bill.: Clause 4. — (Supplementary provisions as to smallholdings and allotments.) (13 Dec 1934)

Mr David Mason: I have just said so. I was saying that, because it was ruled out of order, and it was impossible to move any Amendments——


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