§ 57. Sir Stanley Reedasked the Chancellor of the Exchequer whether, in view of the scarcity of copper, he will consider withdrawing the bronze coins from circulation and substitute smaller coins of a suitable alloy?
§ Sir K. WoodA considerable economy, estimated at over 800 tons a year, in the consumption of copper for bronze coinage has already been effected by discontinuing the minting of pence. The withdrawal of existing coin and substitution of lighter pieces has been considered, but the saving in material would not justify the inconvenience to the public of the change and the expenditure of labour involved in recall, melting and re-coinage.
§ Sir S. ReedIs this not a favourable opportunity to consider getting rid of the dirtiest, most insanitary and most cumbersome bronze coinage in the world, especially as so many automatic machines are out of service?
§ Sir K. WoodI am sure my hon. Friend will appreciate the difficulties I have mentioned.
§ Commander Locker-LampsonCould not my right hon. Friend make one single coin of 2½d. instead of three coins of two pennies and a halfpenny?
§ Sir K. WoodI must ask for notice of that Question.