§ 74. Mr. MORLEY
asked the Chancellor of the Exchequer if he will inform the House what action he is taking towards promoting action to mobilise the gold reserves at present lying in the banks of the United States of America, the Argentine Republic and France.
§ Mr. P. SNOWDEN
Obviously I do not possess any powers to deal with the gold reserves which belong to other countries. Action in regard to the gold reserves of any particular country must necessarily rest with the authorites responsible in that country.