Mr. Samuel Samuel moved the rejection of the Bill. He declared that freedom of export of silver to t essential for our great interests there. He said this Bill was handicapping British merchants in all parts of the world, and especially in the Far Last and China.
Mr. Stanley Baldwin declared that the leading bankers had been consulted and had approved the measure.
Major-General Sir Newton Moore said that the Bill would discourage importation of gold. He suggested. that the Bill be amended to allow imported gold to be exported on licence, otherwise there. would be no encouragement to bring gold to the United Kingdom. Australia, he said, was sending her gold direct to India, China, and other places, South Africa was sending hers to America.
Text read from the printed page and cleaned; old type leaves the occasional error.