HC Deb 23 November 1933 vol 283 cc247-8
26. Colonel WEDGWOOD

asked the Chancellor of the Exchequer whether he is satisfied with the position of the Exchange Equalisation Fund at the present time; and can he give the House any indication as to how its book position now compares with its position 12 months ago?

Mr. CHAMBERLAIN

The answer to the first part of the question is in the affirmative. In reply to the second part of the question, I cannot undertake to publish such information for reasons of public interest which I have explained on several occasions.

Colonel WEDGWOOD

Without publishing it, could you give the House some indication of whether the position is materially worse than it was at this time a year ago?

Mr. CHAMBERLAIN

No, Sir.

Mr. THORNE

Is the right hon. Gentleman in a position to state the millions of money used through the Equalisation Fund to keep the dollar where it is at the present time?

Mr. CHAMBERLAIN

That is not the purpose of the Equalisation Fund.

Mr. THORNE

And the franc.

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