§ 53. Mr. CRAVEN-ELLISasked the Chancellor of the Exchequer whether it is the intention of His Majesty's Government to take early action to give effect to the declaration of the Empire delegates to the World Economic Conference on the desirability of stabilising exchanges between Empire countries?
§ Mr. HORE-BELISHAI would refer to the reply given to my hon. Friend the Member for Kidderminster (Sir J. Wardlaw-Milne) on the 1st February.
§ Mr. CRAVEN-ELLISIs the hon. Member aware that the delay on the part of the Government in regard to the stabilisation of exchanges is handicapping the recovery of international trade?
§ Mr. HORE-BELISHAI do not follow my hon. Friend. Except for Canada, all the important Empire currencies, whether Dominion, Indian or Colonial, are linked with sterling and have not fluctuated in the terms of sterling since July.
§ Mr. CRAVEN-ELLISI referred to international currency.