HC Deb 05 July 1949 vol 466 c1959
46. Mr. Harold Davies

asked the Chancellor of the Exchequer if he will give an estimate of dollar leakages in the sterling areas from May, 1948; and the principal causes of these leakages.

Sir S. Cripps

No, Sir, it is not possible to make such an estimate with any accuracy. The principal cause is the world's shortage of dollars.