§ 73. Mr. Jannerasked the Chancellor of the Exchequer whether, in view of the Report of the Arts Council that art in Britain is in danger of dying from lack of enough financial help, he will consider increasing the present grant; or whether he will bring in legislation on the lines recommended by the Report for the establishment of a Lapsed Copyright Fund.
§ Mr. P. ThorneycroftI must ask the hon. Member to await the Estimates.
12Wing value of the £ sterling as 20s. in October, 1951, it had declined to 18s. 5d. by September, 1953, to 17s. 2d. by September, 1955; and what was the comparable figure for September, 1957.
§ Mr. P. ThorneycroftThe figure for September, 1957, comparable to those quoted for September, 1953, and September, 1955, was 15s. 10d. But I have added, for the information of hon. Members, an annual series of figures showing changes in the purchasing power of the £ since 1946.