HC Deb 02 June 1932 vol 266 c1318
39. Mr. MABANE

asked the Chancellor of the Exchequer whether it is his intention to suggest that the arrangement of a new Imperial currency should be an objective of the Ottawa Conference, and should be accordingly placed on the agenda of the Conference?

Major ELLIOT

The question of currency policy will no doubt arise for discussion, but I cannot say whether particular suggestions such as that indicated in the question will be advocated at the Conference.

Mr. BOOTHBY

Can my right hon. and gallant Friend give the House an undertaking that this question will be considered at the Ottawa Conference—will be on the Agenda?

Major ELLIOT

Imperial currency is something which is very different from an Imperial monetary policy and may raise very difficult questions.

Mr. KIRKWOOD

Is there any truth in the rumour that is going round the House that our Government has a representative who is going to suggest the idea of repudiating the National Debt?

Major ELLIOT

I did not know that the hon. Member for Dumbarton Burghs (Mr. Kirkwood) had been invited to go to Ottawa.

Mr. KIRKWOOD

I think you will agree Mr. Speaker, that that reply had nothing whatever to do with the question.