§ 41. Lieut.-Commander Gurney Braithwaiteasked the Chancellor of the Exchequer in what cases, and for what purposes, the pound sterling is now valued at three dollars.
§ The Chancellor of the Exchequer (Sir Stafford Cripps)None that I am aware of.
§ Lieut.-Commander BraithwaiteDoes the right hon. and learned Gentleman not recall that on 23rd May last, in reply to the hon. Member for Coventry, North (Mr. Edelman), he said that the tourist allowance for France comprised a valuation of £50 as the broad equivalent of 150 American dollars? Does he still adhere to that?
§ Sir S. CrippsYes, I certainly do. I think that £53 11s. 5d. is the broad equivalent of 150 dollars.
§ Lieut.-Commander BraithwaiteDoes the Chancellor not admit that he is mulcting the tourist to the tune of nearly £3 10s. in this way?
§ Sir S. CrippsNo.
§ Mr. Godfrey NicholsonDoes inaccuracy to the tune of 7 per cent. represent the way in which the right hon. and learned Gentleman handles the nation's finances?