HC Deb 14 February 1946 vol 419 c535
83. Mr. Norman Smith

asked the Chancellor of the Exchequer whether, in order to conserve our resources of hard currency for the payment of essential food imports, he will withhold payment of our gold subscription to the International Monetary Fund until he is sure of getting the U.S. loan.

Mr. Dalton

I made it clear, in my speech on the Anglo-American Loan Agreement on 12th December last, that if the loan does not go through we shall have to leave the Fund, and shall be entitled to get back what we have paid.