§ Sir I. Fraserasked the Chancellor of the Exchequer whether, taking the value of the pound sterling as 100 in 1914, he will state its value on 1st April, 1919, 1921, 1923, 1928, 1938, 1945, 1946, 1947, 1948 and 1949.
§ Sir S. Cripps
July, 1914 … … 100 Average for year, 1919 … … 47 Average for year, 1921 … … 44 Average for year, 1923 … … 57 Average for year, 1928 … … 60 Average for year, 1938 … … 64 Average for year, 1945 … … 42 Average for year, 1946 … … 41 Average for year, 1947 … … 38 Average for year, 1948 … … 36 April 12th 1949 … … 35