HC Deb 27 March 1934 vol 287 cc1812-3
46. Mr. D. GRENFELL

asked the Prime Minister what body is now in being to continue the inquiries initiated at the World Economic Conference and to prepare the way for a re-assembling conference; if so, on what inquiries it is engaged; and whether any reports have been or will be published by it?

The PRIME MINISTER

As stated in the answer given to the hon. Members for Wolverhampton, East (Mr. Mander) and Chislehurst (Mr. Smithers) on the 7th November last, the continuation of the work of the World Monetary and Economic Conference is a matter for the Bureau of the Conference which appointed an executive committee for the purpose. The executive committee entrusted the further examination of certain questions, mainly relating to the co-ordination of production and marketing of specific commodities, to the Economic Committee of the League of Nations, which dealt with them in a report issued on the 17th November last, and recommended further international discussions which are taking place. Apart from this, the executive committee have not considered that they could as yet usefully engage on any fresh inquiries, but they are, of course, continuing to watch the international situation very carefully.

Mr. GRENFELL

Would the right hon. Gentleman inform the House when he expects a further report on those discussions?

The PRIME MINISTER

As soon as economic conditions take a favourable turn.

Mr. GRENFELL

If economic conditions do not take a favourable turn—what then?

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