§ 50. Mr. Osborne
asked the Chancellor of the Exchequer if he will consider publishing as a matter of urgency how much of the increase of 180 million gold and dollar reserves for the last quarter arises from the United Kingdom trade: and how much from the trade of the remainder of the sterling area.
§ Sir S. Cripps
The increase in our gold and dollar reserves was 438 million dollars in the second quarter of this year. I have nothing to add at present to my statement of 5th July, but the balance of payments White Paper will give the usual analysis in due course.
§ Mr. Osborne
But since the Chancellor knows the White Paper may not be issued until about October, and that the real interest in this statement will then be lost, could an approximate figure be given to the House?
§ Mr. Nicholson
Does that figure include the figure of gold and dollar reserves held by the Exchange Equalisation Fund?