BRITISH POLITICS

Hokitika Guardian, 13 December 1932, Page 6

BRITISH POLITICS

QUESTION* AND REPLIES

broadcasting and gold

(United Press Association—By Electric

Telegraph—Copyright)

(Received this dnv at 1.30 p.m A , LONDON, December 12

In the House of Commons, Mr Doran asked whether in view of the fact that the British Broadcasting’Corporation’s power was limited to establishing stations in Britain for the benefit of license holders,’ would the PostmasterGeneral prevent further work on the Empire station at Daventry. ■Mr Kingsley Wood said the 8.8. - -was authorise! to establish stations, and a s Postmaster-General he had approved, which had been done this instance. -

Mr, Doran: “In view of the capital cost of .eighty thousand, and a yearly upkeep of fifty thousand, and also the technical difficulties involved, will the PostimSsterlGieiieral explain why* in these .days we have eo much money to spend in such a- manner?”

Mr Kingsley Wood—l cannot agree with any of your conclusions. The r e is i> -widespread Empire desire for such [ a station.

Mr Hoie Belisha told a questioner that (British imports of gold bullion anu coin from India from the 21st of September, 1931, when the gold standard was suspended, to 9th December, '1932, totalled 67.’ millions sterling. Only a small proportion was in-..sover-valued at par. The remainder were valued at the current gold price figures. Ho did not indicate the final destination of .the gold.