§ 1. Colonel WEDGWOOD
asked the Secretary of State for India what representations he has received from India as to the devaluation of the rupee in view of the devaluation of the dollar?
§ The UNDER-SECRETARY of STATE for INDIA (Mr. Butler)
I have received a copy of a resolution passed on the 13th November by the Bombay Cotton Brokers' Association, Limited, on the subject.
§ Colonel WEDGWOOD
Can the hon. Gentleman say whether the resolution has been passed owing to the depreciation of sterling in terms of dollars?
§ Mr. HAMMERSLEY
Is it not a fact that there has been, practically speaking, no considerable fall, or no appreciable fall whatever, in the price of cotton in Bombay?