§ 43. Sir NICHOLAS GRATTAN-DOYLEasked the Chancellor of the Exchequer whether, in order to increase the exchange balance in Britain's favour, he will take steps by means of the Anglo-German exchange clearing to restrict non-essential expenditure of British money in Germany by subjecting to a considerable charge per person all passports issued for tourist and similar visits to Germany, but so that no alteration should be made in the present arrangements for passports for British subjects visiting Germany for purposes of trade?
§ Captain AUSTIN HUDSON (Lord of the Treasury)I have been asked to reply. My right hon. Friend has considered my hon. Friend's proposal, but he does rot think that it would be desirable to adopt it. I would point out that the expenditure of British tourists in Germany increases her foreign exchange resources and should thus tend to facilitate payments in respect of her foreign debt.
§ Sir N. GRATTAN-DOYLEIs the Minister aware that the passport method adopted with great effect by Germany has prevented German tourists going into Austria to spend their money, and is it not worth considering?
§ Captain HUDSONI understand my right hon. Friend has considered it and does not propose to adopt it here.