HC Deb 12 November 1931 vol 259 cc251-2
26. Colonel WEDGWOOD

asked the Financial Secretary to the Treasury whether, in view of the difficulties caused by the Treasury regulations preventing dealings in futures on the Stock Exchange and the acquisition of foreign currency, he can hold out hopes of the early removal of these restrictions and the restoration of normal exchange?


I am not in a position to say when it will be possible to withdraw these restrictions. I am not aware that they cause any appreciable difficulties to legitimate business.


Does not the hon. and gallant Gentleman appreciate that a natural balance of trade depends upon the removal of these restrictions to free exchange?


It would be impossible at the moment to discuss the balance of trade. As far as we know, the restrictions are not causing appreciable difficulty to legitimate business.

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