HC Deb 18 July 1922 vol 156 cc1912-3
67. Brigadier-General SURTEES

asked the President of the Board of Trade whether, in view of the differences and variations in the rates of exchange in foreign countries and the revolutions thereby occasioned in trade, invariably to the advantage of those countries which show a decreasing currency rate, he will appoint a Departmental Committee to inquire into the effect of the variations of the rates of exchange, especially with reference to their effect on British trade?

The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Sir W. Mitchell-Thomson)

My right hon. Friend will consider the suggestion made by my hon. and gallant Friend, but as at present advised he is doubtful if such a Committee would serve any very useful purpose.