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EXCHANGE EQUALISATION

London, May 10. The House of Commons, by 238 votes to 41, read the Exchange Equalisation Bill a second time. The Bill increases the equalisation fund from £150,000.000 to £350,000,000. The chancellor of the Exchequer (Mr. Neville Chamberlain) in his reply to the second reading debate said the situation had been described as war, but it was not war between Britain and any other countries—it was war against certain individuals who for selfish reasons attempted to use exchange to Britain's detriment. To make the public aware how the fund was being used would be the very information the speculators desired to have.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19330511.2.79

Bibliographic details

Stratford Evening Post, Volume II, Issue 240, 11 May 1933, Page 6

Word Count
104

EXCHANGE EQUALISATION Stratford Evening Post, Volume II, Issue 240, 11 May 1933, Page 6

EXCHANGE EQUALISATION Stratford Evening Post, Volume II, Issue 240, 11 May 1933, Page 6