The Archive · 1937

Fall in Commodity Prices Questioned

London, Nov. 9.

The Chancellor; of the Exchequer was questioned ju the House of Commons to-day regarding a sharp fall in the number of commodity prices, Sir John Simon deprecated exaggeration of recent movements and said the true position was that there had been in some commodities a certain setback.

There was no ground for saying it would be permanent. It was due to cause quite outside Great Britain. He reaffirmed, however, the adherence of the Government to the declaration on price level made at Ottawa and reaffirmed by Empire delegates at the time of the World Economic and Monetary Conference in London in 1933.—Wireless through Reuter,

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

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