§ 52. Lieut.-Commander KENWORTHYasked the Chancellor of the Exchequer whether the Committee on Currency has yet reported; and what steps it is now proposed to take to deflate the currency in this country, in view of the adverse effects of an inflated currency on trade and the cost of living?
Mr. CHAMBERLAINThis Report was placed in my hands this morning at twenty-five minutes past eleven, and I proceeded to attend a conference at 11.30. The hon. and gallant Member will therefore understand I have not yet had time to read it, and I should not like to make any statement on the subject until I have been able to give it the consideration which the importance of the subject requires.
§ Mr. LAMBERTWill that Report be made public?
§ Mr. A. M. SAMUELWill the right hon. Gentleman, in laying the Paper, give an opinion differentiating between inflated credit and inflated currency?
Mr. CHAMBERLAINI do not think I am called upon to make any observation in laying the Report, which is laid simply as a Parliamentary Paper in the ordinary way.
§ Mr. SUGDENWill there be an opportunity to debate it?