§ 43. Lieut.-Commander KENWORTHYasked the Chancellor of the Exchequer whether any measures are under consideration to prevent the transfer of British capital and funds abroad into foreign currency, in view of the financial situation?
§ The FINANCIAL SECRETARY to the TREASURY (Major Elliot)The Government will not omit from consideration any 819 measure which might be necessary in dealing with the financial situation. My right hon. Friend wishes to add that any British citizen who increases the strain on the exchange by purchasing foreign securities himself or assisting others to do so is deliberately adding to the country's difficulties.
§ Lieut. - Commander KENWORTHYCan the hon. and gallant Gentleman say why this matter has not been treated as one of emergency, in view of the known fact that very large transfers by British subjects have taken place?
§ Major ELLIOTI have nothing whatever to add to the answer that I have given.