§ Mr. A. Edwardsasked the Chancellor of the Exchequer what arrangements have been made by His Majesty's Government and by the Governments of our Allies with regard to the issuance of currency in the liberated countries of Europe; whether he has considered the advantages of issuing invasion notes in terms of local currency instead of in terms of pounds or dollars, respectively; and whether he will establish future rates of exchange at a level that will not cause an excessive devaluation of the local currency.
— 1st Year. 2nd Year. 3rd Year. 4th Year. 5th Year. 6th Year. 7th Year. Ultimate Cost £(m) £(m) £(m) £(m) £(m) £(m) £(m) £(m) 1. Re-casting Full-time Education 2.8 10.4 23.7 44.7 58.2 71.7 85.2 163.0 2. Reform of Dual System — — 1.2 4.0 8.1 14.8 21.6 81.1 3. Young People's Colleges 1.5 3.0 4.5 7.5 10.6 13.6 15.1 15.1 4. Technical and Adult Education 2.0 4.0 6.7 10.0 13.3 17.8 22.2 32.0 5. Nursery Schools 0.3 0.5 0.7 0.9 1.1 1.2 1.4 1.8 6. Medical Inspection and Treatment — — — 0.2 0.5 0.9 1.4 2.9 7. Totals 6.6 17.9 36.8 67.3 91.8 120.0 146.9 295.9 The estimates have been prepared on very broad lines to represent, so far as can be forecast at present, the total additional capital expenditure chargeable to public funds and attributable to the proposed legislative reforms in England and Wales.