HC Deb 24 November 1931 vol 260 cc210-1
61. Mr. CROSSLEY

asked the Chancellor of the Exchequer whether the Government has in view any steps towards regulating the value of silver in a fixed proportion to gold by co-operation with the chief silver-producing and silver-consuming countries; and whether he will bear in mind the importance of this matter to the cotton industry of Lancashire?

Mr. CHAMBERLAIN

No, Sir. I would refer the hon. Member to the reply which I gave to the hon. Member for the Stockport Division (Mr. Hammersley) on Tuesday last.

Mr. CROSSLEY

Will not the right hon. Gentleman reconsider his views, and consider this question, in view of the report last week of the Silver Association, and also of the recent agreement between the Government of India and the silver producers in America?

Mr. CHAMBERLAIN

I am not aware that any agreement has been come to between the Government of India, and the producers in America.