§ 51. Mr. Osborneasked the Chancellor of the Exchequer what is the purchasing power of the pound sterling to the nearest convenient date as compared with 20s. in 1945.
§ Sir S. CrippsAbout 16s. 2d. in January, 1950.
§ Mr. OsborneDoes the right hon. and learned Gentleman think that it is an encouragement to people to save when the longer they leave money with the Socialist Government the less valuable it becomes?
§ Sir S. CrippsThe only encouragement is that it remains more valuable than in other countries.