HC Deb 26 November 1931 vol 260 c513

asked the Chancellor of the Exchequer whether, seeing that it would be impossible to impose a full range of import duties, particularly as regards agriculture, while our present monetary system is maintained, without inducing a rise in the cost of living and ultimately an inflation of the currency, he will indicate the alternative steps the Government propose to take in order to avoid an inflation of the currency, and thus not risk the case for import duties?


My hon. Friend's question raises such broad considerations that I could not undertake to deal with them within the limits of a Parliamentary answer. I must not be taken to be in agreement with his premises.