§ 2. Mr. Sheldonasked the Chancellor of the Exchequer what recent international discussions he has had concerning the maintenance of the present price of gold; and if he will make a statement.
§ The Chancellor of the Exchequer (Mr. Roy Jenkins)I have nothing to add to the statement which I made in the House on 18th March after the Washington Conference.—[Vol. 761, c. 40–9.]
§ Mr. SheldonWhile warmly congratulating my right hon. Friend on his appearance at Stockholm, may I ask him to say what discussions took place there concerning the two-tier system and what hopes he has of introducing some interim measure during the working of that system?
§ Mr. JenkinsWe did not discuss the two-tier system as such. We did discuss the S.D.R. scheme and we made substantial progress on that. I think that the two-tier system could last for a considerable time.