§ 72. Captain CAZALET
asked the Chancellor of the Exchequer whether the Treasury has considered any scheme by which our debt to the United States of America should be paid in part by silver; and whether he has ascertained the view of the United States of America Government on such a proposal?
§ Mr. PETHICK-LAWRENCE
Unless and until the United states Government put forward a proposal of this kind, there is no scheme for the Treasury to consider.
§ Captain CAZALET
Is the hon. Gentleman aware that a few years ago the United States Government altered the whole basis of debt settlement with another country along those lines, substituting silver payments for gold?
§ Mr. HAMMERSLEY
Has not the silver question been considerably embarrassed by the decision of the Government of India to increase the import duties on silver?