HC Deb 15 November 1949 vol 469 c1860
49. Mr. Stokes

asked the Chancellor of the Exchequer what special provision was made by him regarding the rate at which sterling paid on account of American royalties should be transferred after devaluation.

Sir S. Cripps

None, Sir.

Mr. Stokes

Can the Chancellor give any idea of the amounts involved?

Sir S. Cripps

Perhaps my hon. Friend would put that Question down.

Mr. Stokes

But surely my right hon. and learned Friend must have taken that into consideration before deciding to do nothing?

Sir S. Cripps

My hon. Friend asked me what I had done.