asked the Taoiseach if he will state the present purchasing power of (a) the 1914 pound and (b) the 1938 pound.
Ceisteanna—Questions. Oral Answers. - Purchasing Power of £1.
It is estimated that at mid-August, 1958, the latest date for which data are available, £1 would have purchased at retail the same quantum of goods and services as 4/3½d. in July, 1914 and as 7/5 in August, 1938.