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Gold Currency

Volume 161: debated on Wednesday 7 March 1923

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asked the Chancellor of the Exchequer if he will consider the desirability of abandoning paper money and reverting to the use of gold currency, with a view to inspiring confidence in the people of this country and giving an impetus to enterprise and industry?

No, Sir. I do not think the issue of gold is either desirable at the present time or necessary to produce the results to which the hon. Member refers.