§ 45. Mr. HALL-CAINEasked the Prime Minister if he can now state what action the Government have taken or intend to take to give effect to the recommendations of the Macmillan Report; and whether the new world economic conference comes under this category?
§ The PRIME MINISTERThe principal recommendations in the Macmillan Committee's Report were not proposals for Government action, but suggestions as to the way in which the various monetary authorities of the world should act together with a view to maintaining the stability of international prices. The situation has changed in many respects since the committee reported, but the objective of His Majesty's Government in the recent conversations concerning a conference conform to the principles of international collaboration advocated by the committee.
§ Mr. CHURCHILLThe right hon. Gentleman said "concerning a conference"; does he mean the world conference?
§ The PRIME MINISTERThat is so.