§ 49. Mr. CRAVEN-ELLISasked the Chancellor of the Exchequer whether, in view of the decision of the Government of New Zealand to take steps to include in the agenda of the Imperial Economic Conference at Ottawa the questions of the price level and currency and banking problems, he will consider setting up a committee comprising representatives of this House, the Treasury, the Board of Trade, the Bank of England, trading banks, industrialists, export merchants, and trade unions to examine the position 996 in regard to Britain's domestic and overseas interest, and to review all proposals relating to the reform of our monetary system, and to formulate a scheme to be submitted to this House before the holding of the Ottawa Conference?
§ Major ELLIOTThe position is being kept under constant review by my right hon. Friend the Chancellor of the Exchequer, but he is not disposed to accept the suggestion of my hon. Friend.
§ Mr. CRAVEN-ELLISAre we to understand that the Government have no considered monetary policy prepared for Ottawa?
§ Major ELLIOTMy hon. Friend will be quite wrong in making that assumption.
§ Mr. CRAVEN-ELLISQuestions on Ottawa do not seem to be encouraged. We can get no satisfaction at all.