§ 22. Mr. CRAVEN-ELLISasked the Chancellor of the Exchequer if his attention has been drawn to an appeal for an immediate investigation by Parliament of the fundamental principles which should govern our monetary system; and can he state what action he proposes to take thereon?
Mr. CHAMBERLAINI would refer to the answer given on the 11th April by the Financial Secretary to the hon. and gallant Member for Ardwick (Captain Fuller).
§ Mr. CRAVEN-ELLISDoes my right hon. Friend appreciate that the whole world is looking to Great Britain to bring 1115 about a settlement of monetary policy; and, if a Parliamentary Committee is not acceptable, will he call representatives of the British Empire together to discuss this question?
Mr. CHAMBERLAINThere does not appear to be any question on which the whole world does not look to Great Britain.
§ Mr. CRAVEN-ELLISHaving regard to the fact that foreign exchanges are so involved and upset and are interfering with international trade, is it not essential that we should have a settlement of this monetary question?
§ Mr. BOOTHBYDoes not the right hon. Gentleman think that his present policy is very satisfactory to all concerned?