HC Deb 23 February 1904 vol 130 cc729-30
* MR. HERBERT SAMUEL (Yorkshire, Cleveland)

I beg to ask the Under † See (4) Debates, cxxix, 1324. Secretary of State for Foreign Affairs whether he is aware that trade in the British East Africa and Uganda Protectorates is seriously hampered by the absence of any currency of a higher-denomination than one rupee, no gold or paper money being in circulation; and whether any steps will be taken to introduce a paper currency into those protectorates.

EARL PERCY

A draft Order in Council providing for a paper currency has been prepared and submitted to the Commissioners of the East Africa and Uganda Protectorates for their observations.

MR. CATHCART WASON (Orkney and Shetland)

Will the noble Lord consider at the same time the expediency of introducing a lesser coinage?

EARL PERCY

That matter is under consideration.