HC Deb 09 May 1950 vol 475 c202
69. Colonel Crosthwaite-Eyre

asked the Chancellor of the Exchequer whether the representatives of this country on the Executive Board of the International Monetary Fund voted for, or against, the South African proposals on the price and sales of gold.

Sir S. Cripps

His Majesty's Government instructed their representative to vote against both proposals.

Colonel Crosthwaite-Eyre

May I ask the Chancellor of the Exchequer why, in view of the value of this proposal from the point of view of the sterling area as a gold producer, the Government thought it necessary to take this view?

Sir S. Cripps

That is not a matter capable of explanation in answer to a supplementary question.

Colonel Crosthwaite-Eyre

In view of the Chancellor's answer, I beg to give notice that I shall raise the matter again on the Adjournment.