HC Deb 14 March 1939 vol 345 cc215-6
53. Mr. Bellenger

asked the Chancellor of the Exchequer whether the Chinese Dollar Stabilisation Fund is to operate in similar manner to the Exchange Equalisation Fund; and whether any consultations are to take place with other countries in similar manner to that embodied in the franc-dollar-sterling agreement?

Sir J. Simon

I hope to introduce the necessary Bill to-morrow, and would ask the hon. Member to await its terms and the discussion which will follow.

Mr. Bellenger

Although I am quite prepared to wait, may I ask the right hon. Gentleman whether he can say that in introducing the Bill he will deal with the special point raised in my question to-day?

Sir J. Simon

I think that some statement will be necessary regarding the way in which it is proposed to administer the fund.