HC Deb 03 July 1923 vol 166 cc233-4
9. Captain ARTHUR EVANS

asked the Under-Secretary of State for War at what rate of exchange were the other ranks of the Army of Occupation in Germany paid on 25th May, 1st, 8th, 15th and 22nd June; and what were the commercial rates on those dates?

The FINANCIAL SECRETARY to the WAR OFFICE (Mr. Gwynne)

With the hon. and gallant Member's permission, I will circulate these figures in the OFFICIAL REPORT; but I may say that, in each week in question the official rate was slightly more advantageous to the soldier than the commercial rate would have been.

Following are the figures promised:

The official rates of exchange at which, the troops on the Rhine were paid were:—

1923. Marks = £1.
25th May 264,000
1st June 350,400
8th June 367,200
15th June 504,000
22nd June 696,000

The commercial rates of exchange in Cologne were

1923. Marks = £1.
25th May 250,000
1st June 335,000
8th June 360,000
15th June 490,000
22nd June 630,000

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