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Note Issue

Volume 446: debated on Friday 23 January 1948

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asked the Chancellor of the Exchequer whether in view of the damage to our credit involved in the question of a new note issue, he will make a statement on the future policy of the Bank of England in this matter.

I would refer the hon. Member to the reply given yesterday by my right hon. Friend the Financial Secretary to the Treasury to my hon. Friend the Member for Dewsbury (Mr. William Paling).