§ 47. Mr. Loftusasked the Chancellor of the Exchequer whether an exchange rate has been fixed between sterling and the lira for Pantellaria; and whether this rate will be applicable to all other parts of metropolitan Italy which may be occupied by the Allied Forces?
§ Sir K. WoodI would refer my hon. Friend to the reply which I gave to my right hon. Friend the Member for East Edinburgh (Mr. Pethick-Lawrence) on 6th July last.
§ Mr. LoftusWill my right hon. Friend impress upon his economic advisers that this is not only an economic matter but involves political considerations as well?
§ Sir K. WoodYes, Sir. In my original reply to the right hon. Gentleman I said that I hoped to make a statement about this and allied matters at a convenient opportunity.