VALUE OF SALVAGING GOLD
* QUESTION IN HOUSE OF COMMONS LONDON, March 12. Mr Alfred Edwards (Labour), in the House of Commons, asked the Chancellor of the Exchequer (Sir Kingsley Wood) if he were aware that £30,000 worth of British labour had been used in salvaging gold alleged to be worth £2,000,000 but useless to the war effort. “I regard the operation as a valuable service," said the Chancellor in reply. “We have to pay for essential imports not covered by Lease-Lend and Canadian financial arrangements. The gold will be a very advantageous export.” Mr Edwards: Is he seriously telling us that shipping space is being used to convey gold to pay the Dominions? Wouldn’t it be safer at the bottom of the sea than in New Zealand?
Sir Kingsley Wood suggested that Mr Edwards should put down another question.
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Press, Volume LXXVIII, Issue 23587, 14 March 1942, Page 8
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139VALUE OF SALVAGING GOLD Press, Volume LXXVIII, Issue 23587, 14 March 1942, Page 8
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