Monetary System (Radcliffe Committee's Recommendations) (Hansard, 10 November 1959)

§ 7. Mr. Jay
asked the Chancellor of the Exchequer if he has yet decided whether to accept the recommendations of the Radcliffe Committee on the Working of the Monetary System for a Standing Committee, under his chairmanship, of the Treasury and Bank on monetary affairs.

§ 14. Mr. Cronin
asked the Chancellor of the Exchequer if he will make arrangements to secure the implementation of the recommendation of the Radcliffe Committee on the Working of the Monetary System that announcements as to changes in the Bank Rate should be made by the Chancellor of the Exchequer.

§ 15. Mr. Jay
asked the Chancellor of the Exchequer if he has yet decided whether to accept the recommendations of the Radcliffe Committee on the Working of the Monetary System that local authorities should have unrestricted access to the Public Works Loan Board at prevailing gilt-edged rates.

Mr. Amory
As I indicated to the House on 3rd November, I hope there will be an early opportunity for a general discussion on the Report of the Radcliffe Committee on the Working of the Monetary System. I expect to be able to announce at that time the Government's decision on these recommendations.

§ Mr. Jay
As the two recommendations are important, can the Chancellor assure us that he will take a definite decision on these points at least by the date of the debate?

Mr. Amory
Certainly I hope to be able to do so by the date of the debate.