HC Deb 13 March 1930 vol 236 c1532W
Mr. WARDLAW-MILNE

asked the Chancellor of the Exchequer whether his attention has been drawn to a proposal by the Finance Member, speaking in the Indian Legislative Assembly, to cooperate with other countries in the regulation of the supply and purchase of silver; and whether he will approach other silver-using countries to see if joint action on these lines can be arranged?

Mr. P. SNOWDEN

I have seen a telegraphed summary of the speech in question in which the Finance Member is reported to have offered to co-operate with other important interests in the world if they showed any desire to consider the possibility of joint action for the regulation of sales of silver in accordance with world demand. The next step appears to be for those interests to consider whether any action is practicable on the lines suggested. I do not understand why the hon. Member suggests that I should approach them.

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