§ 61 and 62. Mr. Craven-Ellis
asked the Chancellor of the Exchequer (1) whether he will assure the House that in his discussions with representatives of Allied countries on post-war currency policy no fundamental change will be made in the terms of the British Currency Declaration of 1933;
(2) whether he will assure the House that when our representatives discuss post-war policy with representatives of the United Nations in the United States of America at the invitation of the Under-Secretary of State, Mr. Sumner Welles, no fundamental change will be made in the terms of the British Currency Declaration of 1933?
§ Sir K. Wood
In the discussions referred to by my hon. Friend the United Kingdom representatives will be guided by the general considerations which I outlined in the Debate on Post-War Economic Policy on 2nd February. The British Empire Currency Declaration of 1933 could not, without material modification, be regarded as applicable to the facts of the present time. I have no doubt there will be full opportunity for questions of post-war monetary policy to be discussed in this House before any decisions are reached.
§ Mr. Craven-Ellis
In view of what my right hon. Friend has said about the Currency Declaration of 1933, will he give an undertaking to the House that this country will not be committed on either its currency policy or its post-war policy unless the House has an opportunity of debating it first?
§ Sir K. Wood
I would refer my hon. Friend to the last part of my reply, which anticipated his question.