HC Deb 01 June 1937 vol 324 cc856-7
47. Mr. Liddall

asked the Chancellor of the Exchequer whether he will propose control of the output of gold or, alternatively, discuss its demonetisation as a remedy against the dangers following accumulations annually of £250,000,000 of fresh raw gold which two signatories to the tripartite agreement are now compelled to buy and put out of use to prevent unsettlement of trade?

The Chancellor of the Exchequer (Sir John Simon)

The answer is in the negative.

Mr. Liddall

Does the right hon. Gentleman realise that he ought not to allow this matter to drift?

Sir J. Simon

A matter of this importance is under constant observation.