HC Deb 04 July 1879 vol 247 c1421
MR. SAMPSON LLOYD

asked Mr. Chancellor of the Exchequer, Whether Her Majesty's Government have received a Memorial, signed by a considerable number of the most influential mercantile houses in the City, praying for an inquiry by Royal Commission into the results on trade from the contraction in the metallic money of the world; and, whether he can hold out any hope that the prayer of the Memorial will be complied with?

THE CHANCELLOR OF THE EXCHEQUER

, in reply, said, that a Memorial signed by a large number of the most influential commercial houses in the City had been presented to the Prime Minister a short time ago, praying for a Royal Commission to inquire into the results to trade from the contraction in the metallic money of the world. His noble Friend the Prime Minister had given the Memorial his attention, and proposed to bring the matter under the notice of his Colleagues; but the proposal was one which involved important considerations, and he could not at the present moment give any indication of the view the Government would take upon it.