HC Deb 16 June 1938 vol 337 cc399-400
68. Mr. Emery

asked the Chancellor of the Exchequer whether, in view of the weakening of the economic strength of democratic countries resulting from the prevailing deflation and from the relative dearness of cheap-managed money, he will confer with the United States Government for the purpose of taking steps to cheapen still further the price of money, in pursuance of the policy of rendering world prices of primary products more remunerative?

The Chancellor of the Exchequer (Sir John Simon)

I would refer my hon. Friend to the reply given on 2nd June to my hon. Friend the Member for East Aberdeen (Mr. Boothby), and to the statement which I made on 14th June in reply to my hon. Friends the Members for Southampton (Mr. Craven-Ellis) and South Croydon (Mr. H. G Williams).