HC Deb 08 May 1918 vol 105 c2160
95. Major NEWMAN

asked the Secretary to the Treasury whether he has inquired into the reasons that are causing the shortage of silver money in Ireland, although no shortage exists in Great Britain; and what steps are the Treasury taking to deal with the matter?

Mr. BALDWIN

Yes, Sir. This matter has been engaging my close attention. A large supply of silver coin was sent to Ireland last week.

Major NEWMAN

What is the cause of the shortage in the south of Ireland which does not exist in the north of Ireland?

Mr. BALDWIN

I think that probably hoarding has a great deal to do with it.

Major NEWMAN

Will the hon. Gentleman make clear in the south of Ireland that the country is not bankrupt yet, and that paper money has some value?