63. Sir KENYON VAUGHANMORGANasked the Chancellor of the Exchequer whether, in view of the inconvenience caused to the public by the shortage of shilling pieces, he will take steps, in the public interest, to increase the circulation of coins of this denomination, either by influencing the banks to maintain more adequate supplies, by causing larger stocks to be held by post offices, or by other means?
§ Mr. P. SNOWDENA few complaints having been received, the shortage of shilling pieces was discussed by the Mint with the banks some months ago and I understand that an improvement in the position resulted. I will, however, consider whether any further steps can usefully be taken.
§ 68. Mr. HAMMERSLEYasked the Chancellor of the Exchequer if he will consider the reintroduction of silver coinage of the pre-War standard of fitness?
§ Mr. SNOWDENThe answer is in the negative.
§ Mr. HAMMERSLEYIs the right hon. Gentleman aware that it is estimated that no less than 70,000,000 ounces of silver have been put on to the market as a result of the lowered silver content of our coinage?
§ Mr. SNOWDENNo, Sir.
§ Mr. HAMMERSLEYIs the Chancellor of the Exchequer aware that the lower price of silver is causing a great deal of lack of purchasing power, and has he no proposal or policy to put forward to deal with the matter?
§ Mr. SPEAKERThat is going beyond the question on the Paper.
§ 69. Mr. HAMMERSLEYasked the Chancellor of the Exchequer if he will consider the abolition of the 10s. note with a view to stimulating a greater demand for silver coinage?
§ Mr. SNOWDENNo, Sir.
§ Mr. C. WILLIAMSMay I ask the right hon. Gentleman whether it would not be better to abolish this Government?
§ Mr. HAMMERSLEYCan the right hon. Gentleman say anything other than, "No, Sir?"
§ Mr. SNOWDENThe answers that I have given to the hon. Member are full and adequate.