HC Deb 18 November 1919 vol 121 c806
54. Mr. SUGDEN

asked the Chancellor of the Exchequer what has been the increase of gold coinage in the country between October, 1917, and October, 1918, and also between October, 1918, and October, 1919; and it' the Treasury note issue has correspondingly been reduced?

Mr. BALDWIN

No gold has been coined in this country since October, 1917; and the gold coin estimated to be held by banks has slightly decreased.

Mr. SUGDEN

Is it not now practicable that a gold coinage should obtain arid paper money be reduced, so as to reduce the cost of living, if appropriate steps were taken by the Treasury to stop the exportation of gold to other countries?

Mr. BALDWIN

I should like notice of that question.