§ 17. Mr. Dalyellasked the Chancellor of the Exchequer on what terms he has authorised the Bank of England to give gold guarantees in relation to credit held by foreign banks.
§ Mr. CallaghanI have authorised no such guarantees and none has been given.
§ Mr. DalyellIn that case, could the Treasury public relations officers make this important fact quite clear to the informed Press?
§ Mr. CallaghanIf we spent our time correcting all the misinformation in the Press, we should not have time to do anything else. But, on this particular matter, which was repeated in a weekly and in a well-informed Sunday newspaper, a correction was put out immediately.