HC Deb 31 March 1955 vol 539 cc525-6
8. Lieut.-Colonel Lipton

asked the Chancellor of the Exchequer how many farthings were minted in 1953 and 1954, respectively.

Mr. H. Brooke

6,330,000 in 1953, and 6,566,400 in 1954.

Lieut.-Colonel Lipton

Is the Financial Secretary aware that two years ago it was admitted that it cost a halfpenny to make a farthing and that it probably costs even more now? When are the Government going to abandon this unprofitable enterprise and stop wasting money on the minting of farthings, which not even drapers, milkmen or bakers want?

Mr. Brooke

It is the duty of the Royal Mint to seek to meet reasonable public demand. Of course, the Mint does make a profit in other directions; but it has to take the swings with the roundabouts.

Mr. G. Williams

Will my hon. Friend also remember that farthings are of no use in gas or electric light meters and not mint farthings at the expense of shillings?