§ 55. Mr. Keenanasked the Chancellor of the Exchequer if he will consider the issuing of new Treasury notes for £I and 10s. and the cancellation of the Treasury notes now in circulation, thus checking the holding of large numbers of Treasury notes used for illegal purposes for cash transactions in the black market and evading paying revenue to the State.
§ Mr. DaltonNo, Sir.
§ Mr. KeenanIs the right hon. Gentleman aware that in refusing to take action in this matter he is permitting the black marketeers to carry on sales and to collect large sums in Treasury notes whereas, if they were compelled to exchange accumulations of them, he would be doing the nation a service similar to what is done in other parts of the world?
§ Mr. DaltonI think the remedy is quite disproportionate to the disease.