HC Deb 30 June 1932 vol 267 c2001
29. Mr. COCKS

asked the Chancellor of the Exchequer what steps are being taken to reflate and expand the currency?

The FINANCIAL SECRETARY to the TREASURY (Major Elliot)

Movements of currency are indicated in the weekly return of the Bank of England, to which I would refer the hon. Member.

Colonel WEDGWOOD

Has the right hon. Gentleman seen the article by Sir Arthur Salter in to-day's "Times" detailing practical measures to bring this about, and will he act on it?

Major ELLIOT

The Government could not act on instructions and advice contained in any portion of a newspaper.

Mr. COCKS

Are the Government taking no steps at all?