§ 60. Sir N. GRATTAN-DOYLEasked the Chancellor of the Exchequer whether he will inform the German Government that the principles on which the German transfer moratorium are now being worked to the disadvantage of British long-term creditors are not in accord with international commercial practice or with 362 the views of His Majesty's Government; and will he in the meantime take appropriate powers and have set up an exchange clearing for Anglo-German trade ready to be put into operation should the German Government fail to readjust matters to the satisfaction of His Majesty's Government?
§ Mr. HORE-BELISHAI would refer to the reply given to my hon. Friend the Member for the Reigate Division (Mr. Touche) on Monday last.