§ 54. Mr. Bellengerasked the Chancellor of the Exchequer whether, in view of the 2056 determined attack on the Chinese dollar by the Japanese authorities, any further action is contemplated by His Majesty's Government towards maintaining the stability of the Chinese currency?
§ Sir J. SimonNo further action of the kind referred to in the question is under discussion at the present time.
§ Mr. BellengerIn view of the danger to the Chinese currency owing to Japanese direct action, is the Chancellor confident that the Stabilisation Fund, or what is left of it, will be sufficient for the purpose of maintaining the stability of that currency?
§ Sir J. SimonI think it is better not to discuss these questions. I understand it is the desire of the hon. Gentleman that the fund should be maintained, and he knows the efforts that the Government have made. I doubt very much whether such questions and answers across the House will really contribute to that.
§ Mr. BellengerI put my question in order to ascertain whether the Government are of the same intention as they were when the Bill was introduced. May I ask the right hon. Gentleman if he can give us that reassurance?
§ Sir J. SimonI think the answer I originally gave dealt with the matter. I said that no further action of the kind is under discussion at the present time.
§ Mr. GallacherHas the right hon. Gentleman seen the article by Mr. Zilliacus in the "Tribune "?