§ 48. Mr. William Shepherdasked the Chancellor of the Exchequer whether he has considered the cancellation of the existing note issue and its replacement, in view of the large numbers of notes illegally acquired overseas and in the hands of the black market in Great Britain; and with what result.
§ Sir S. CrippsThe answer to the first part of the Question is "Yes," and to the second, that I am not ready to take this step.
§ Lieut.-Commander Gurney BraithwaiteWill the right hon. and learned Gentleman, when he has had time to assimilate all the ramifications of this matter, bear in mind the importance of the element of surprise when he decides, as I am sure he will do one day, to carry the suggestion into effect?
§ Sir S. CrippsThat seems to be a good reason for not answering Questions on the matter in the House of Commons.