§ 3. Captain W. Elliotasked the Chancellor of the Exchequer if he has now fixed a date for the decimalisation of the currency; and if he will make a statement.
§ 50. Mr. Sharplesasked the Chancellor of the Exchequer whether he will now make a statement on Her Majesty's Government's policy in relation to the introduction of decimal currency.
§ Mr. CallaghanI regret that I cannot add to what my hon. and learned Friend the Financial Secretary said on 22nd June.
§ Captain ElliotIs the right hon. Gentleman aware that I quite appreciate the difficulties in this matter, but would he consider whether he can decide the system which is to be adopted, if it is to be adopted, and publish that? If he does, it will be of great help to business.
§ Mr. CallaghanI think that there is a lot in that point. We hope to derive some benefit from the Australian experience. I am hoping to send one or two Treasury officials to Australia when they introduce the system, because there are 1059 a number of lessons in what they have done from which we can learn. I will certainly consider the suggestion.