10. Mr. ROY WILSON
asked the Secretary of State for the Colonies whether his attention has been drawn to the position in regard to the Government note issue in Gibraltar; whether he is aware that these notes are inconvertible; that each note bears an endorsement stating that the Government of Gibraltar declares the note to be of the value of £1 and to be legal tender for that amount, and undertakes to redeem the said note in sterling money for the full face value at a date to be fixed hereafter by His Excellency the Governor; and what steps he proposes to take to establish a sound and convertible currency in the colony of Gibraltar?
Is it not the case that these negotiations have been going on for about two years, and will the right hon. Gentleman see that they are expedited?
§ Sir GERALD STRICKLAND
Is it not a fact that currency in Gibraltar is entirely within the responsibility of the Secretary of State for the Colonies, and that therefore, in a matter of this kind, this Government are ultimately responsible?