HC Deb 30 January 1951 vol 483 cc720-1

The following Question stood upon the Order Paper in the name of Mr. OSBORNE:

53. To ask the Chancellor of the Exchequer what was the dollar trading surplus between the sterling area and the dollar area, inclusive of the United Kingdom for 1950.

Mr. Osborne

May I point out that the words "inclusive of" which appear in the Question should be "exclusive of"? I apologise for the error.

Mr. Gaitskell

I am afraid that makes a substantial change. I will, if I may, answer the Question as it appears on the Order Paper. The total net gold and dollar surplus of the sterling area in 1950 was $804 million. An analysis of this will appear in the Balance of Payments White Paper in due course.

Mr. Osborne

May I ask the Chancellor what is the figure exclusive of the United Kingdom?

Mr. Gaitskell

Perhaps the hon. Member will put that Question on the Order Paper.