§ 26. Colonel WEDGWOODasked 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?
§ Major ELLIOTI 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.
§ Colonel WEDGWOODDoes not the hon. and gallant Gentleman appreciate that a natural balance of trade depends upon the removal of these restrictions to free exchange?
§ Major ELLIOTIt 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.