§ 50. Colonel WEDGWOODasked the Chancellor of the Exchequer what other methods, other than the maintenance of a high Bank rate, are being used in order to acquire dollar currency to repay the loan from America?
Mr. CHAMBERLAINThere is nothing which I can usefully add, to my previous statements in relation to this matter.
§ Colonel WEDGWOODIs the right hon. Gentleman aware of the universal opinion in business circles that there should be free purchase of foreign exchanges and free right to export capital from this country; and is he aware of the injury to our export trade due to the embargo on foreign loans?
§ Colonel WEDGWOODThe universal opinion, as exhibited by the City of London on this subject.
§ Mr. HANNONIs not that an extremely foolish question?