HC Deb 25 July 1912 vol 41 cc1343-4
5. Mr. MITCHELL-THOMSON

asked what was the average yearly profit made, during the years 1902 to 1911, inclusive, by the Imperial Government out of the sale of English silver for use as currency in the West Indian Islands, including British Guiana, and what is the basis upon which such sales are made?

Mr. MASTER MAN

The average yearly profit made by the Imperial Government from the sale of British silver coin to the West Indian Islands, including British Guiana, during the years 1902 to 1911, inclusive, was £19,288. British silver is supplied on requisition at its nominal value in the same way as it is supplied to the Bank of England.