HC Deb 21 July 1938 vol 338 c2420
63. Mr. Moreing

asked the Chancellor of the Exchequer whether, as the result of their conversations with the Governments of France and the United States, it is the intention of His Majesty's Government to take steps to advance the question of stabilisation of the currency?

Sir J. Simon

No conversations of the character suggested have taken place, and I have nothing to add to previous statements on the subject referred to.

Mr. Moreing

In view of the present state of our trade, which largely depends on the stability of exchange which, again, depends on the stabilisation of the currency, will not the right hon. Gentleman move in this important matter?

Sir J. Simon

This is a matter which is constantly under the consideration of the authorities, and I do not agree that moving in the matter necessarily leads to stability.