§ 30. Sir P. Macdonaldasked the Secretary of State for the Colonies what conclusions were reached by the Currency Conference in Barbados regarding the unification of currency in part of the British West Indies; and whether it is proposed to accept their recommendations.
Mr. Creech JonesThe principal recommendation of the Conference was that mentioned in the reply to the hon. Member's Question on 5th June, namely, that currency in British Guiana, Trinidad, Barbados and the Leeward and Windward Islands should be unified, with the British West Indian dollar of the value of four shillings and twopence sterling as a basis. The Conference recommended 882 also that a Regional Currency Board should be established with headquarters in Trinidad. I am sending the hon. Member a copy of the Report. The Conference recommendations are being considered by the Colonial Governments concerned, and I am still awaiting the views of some of them.