§ 69. Mr. Hollisasked the Chancellor of the Exchequer how many farthings were minted during the last financial year; for what were they used; and whether he will discontinue the minting of them.
§ Mr. R. A. Butler13,137,600 farthings were minted in the year ended 31st March, 1952, and 12,916,802 of these were issued in the United Kingdom. Coins of the various denominations are struck by the Royal Mint to meet the needs of the public as expressed through the Banks. The fact that the public needed nearly 13,000,000 farthings last year shows that it would be unwise to stop minting them.