§ * SIR JOHN LENG (Dundee)
I beg to ask the First Lord of the Treasury, whether, in consonance with the views he has repeatedly expressed, he will advise Her Majesty's Government to invite an International Conference, in order to arrive at an international agreement on the most stable basis for an International Currency?
§ THE FIRST LORD OF THE TREASURY
I am, as I have always been, strongly in favour of international agreement, but I have no right to pledge my colleagues on the subject—["hear, hear!"]—nor have I any grounds for thinking that such an agreement would, at the present moment, be the result of an international congress. ["Hear, hear!"] A second abortive congress would be a serious misfortune.