June 17, 1935 (17th Parliament, 6th Session)

LIB

Thomas Reid

Liberal

Mr. REID:

It is going up now so that we stand to lose by our delay.
As regards the silver bullion received from the minister under the next preceding section, that is the silver to be turned over to the bank and held for the coverage of dominion notes, as I pointed out, we have no silver for the purchase or redemption or coverage of dominion notes.

Topic:   EXCHANGE FUND
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