The Archive · 1931

Silver Currency in England

London, Jan. 22.

In the House of Commons to-day the Chancellor of the Exchequer, Mr. Philip Snowden, replied in the negative to questions asked by Mr. S.S. Hammersley, Conserv: member for Stockport, whether he would consider the reintroduction of silver coinage of the pre-War fi ness, and whether he was aware that it was estimated that 70,000,- 000 ounces had been put on the market owing to the lower silver content of the present coinage.

Mr. Snowden said that he was! not considering the abolition of ten-shilling notes with a.view to

Text read from the printed page and cleaned; old type leaves the occasional error.

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