§ 25. Sir W. SUGDEN
asked the Chancellor of the Exchequer if he is aware of the difficult position of the British cotton spinning and weaving trades and of the yarn trade, arising in part by reason of the lack of stabilisation in the price of silver; and what steps the Government are taking to deal with this matter?
§ Mr. HORE-BELISHA
I would refer my hon. Friend to the answer given to 1168 my hon. Friend the Member for the Platting Division (Mr. Chorlton) on Wednesday last.
§ Sir W. SUGDEN
Will the hon. Gentleman bear in mind in regard to this matter the need for an Order-in-Council taking over the reserves of silver in Delhi, and the application of such a proposal to the needs of this vital industry?