§ 55. Mr. Donnerasked the Chancellor of the Exchequer what proportion of the purchase price paid by the Colonial Development Corporation for the estate recently acquired on the island of Eleuthera, in the Bahamas, was paid for in dollars to its American owner.
§ Sir S. CrippsI would refer the hon. Member to the answer I gave to a similar Question by the hon. Member for Hendon, South (Sir H. Lucas-Tooth), on 20th June.
§ Mr. DonnerIs the right hon. and learned Gentleman aware that this transaction has terminated a policy of investment in the Colonial Empire, and is that a policy which has the right hon. and learned Gentleman's approval?
§ Sir S. CrippsNo, Sir. That is not my understanding.