9. Captain ARTHUR EVANSasked 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 |