HC Deb 07 March 1967 vol 742 c1240
17. Mr. John Wells

asked the Chancellor of the Exchequer what countries, Governments, former Governments and similar groups have blocked gold reserves in the Bank of England; and what sums are involved in each instance.

Mr. Callaghan

None, Sir.

Mr. Wells

Is the right hon. Gentleman saying that the former Baltic States have no gold reserves located in the Bank of England?

Mr. Callaghan

The gold which was owned by the former Baltic States was vested in the Custodian of Enemy Property in 1941 and the House gave legislative effect to that in 1951.