§ 72. Captain CAZALETasked the Chancellor of the Exchequer whether the Treasury has considered any scheme by which our debt to the United States of America should be paid in part by silver; and whether he has ascertained the view of the United States of America Government on such a proposal?
§ Mr. PETHICK-LAWRENCEUnless and until the United states Government put forward a proposal of this kind, there is no scheme for the Treasury to consider.
§ Captain CAZALETIs the hon. Gentleman aware that a few years ago the United States Government altered the whole basis of debt settlement with another country along those lines, substituting silver payments for gold?
§ Mr. PETHICK-LAWRENCEI am not aware of that, but I will look into it.
§ Mr. HAMMERSLEYHas not the silver question been considerably embarrassed by the decision of the Government of India to increase the import duties on silver?