§ 31. Mr. HAMMERSLEYasked the Chancellor of the Exchequer whether the Government propose to take steps to co-operate with the United States of 2054 America in raising world prices; and, if so, will he indicate when such measures are to be taken and what form they are likely to take?
Mr. CHAMBERLAINThe Government will gladly co-operate with the Government of the United States and any other Government in any measures which appear calculated to assist in raising and maintaining the level of world prices. As to the nature of such measures this obviously cannot be determined until conversations have taken place between the representatives of the Governments concerned.
§ Mr. HAMMERSLEYIs my right hon. Friend fully alive to the danger of the British Government taking up an attitude which might be construed as merely sitting on the fence in these very critical times, and will he not consider in the light of that danger the desirability of making a statement to indicate practical measures of co-operation in raising world prices?