HL Deb 22 August 1889 vol 340 cc94-5

Order of the Day for the Second Reading read.

Moved, "That the Bill be now read 2a."

LORD DENMAN

I am extremely glad that the holders of light sovereigns are not to suffer, but that they are to be indemnified under this Bill. I venture to think that there is at the present time one of the best opportunities for increasing the circulation in the country by the restoration of £l notes, and, if possible, by such small notes as the $1 and $3 notes in Prussia, which were always preferred to silver, and were really of the greatest possible convenience. This would prevent people being in such a violent hurry to return their half-sovereigns to the Mint. I earnestly hope the Chancellor of the Exchequer, to whom I am indebted for very great courtesy, may take this into consideration, so as to be able to relieve persons from the want of small change.

Bill read 2a (according to order), and committed to a Committee of the Whole House to-morrow.