§ 54. Mr. Craven-Ellisasked the Chancellor of the Exchequer to what extent the Exchange Equalisation Fund lost gold following the recovery in France which has brought about the return to that country of much fugitive capital?
§ Sir J. SimonI would refer my hon. Friend to the reply given on 5th October, 1938, to the hon. Member for East Birkenhead (Mr. White).
§ Mr. Craven-EllisIs my right hon. Friend not of opinion that if this country had been on the Gold Standard it would not have been possible for such a large amount of gold to be transferred?