§ The Chancellor of the Exchequer (Mr. Dalton)
In some cases, our Monetary Agreements provide for settlement in gold. In others sterling may be acquired from third countries. Every effort is being 805 made, to secure value for our exports, directly or indirectly, in needed imports or acceptable currencies.
§ Mr. W. Fletcher
Would the Chancellor of the Exchequer say which of these alternatives has been used in the negotiations carried on with Belgium at the present moment—and almost concluded—because we have a considerable trade balance there?