§ 29. Sir B. Rhys Williamsasked the Chancellor of the Exchequer what benefit he estimates will accrue to the balance of payments in 1969 through the purchase of British assets by United States investors; and what provision he will make for payment of interest and royalties on new and extant United States investments.
§ Mr. Harold LeverIt is not the practice to publish forecasts of overseas investment and earnings.
§ Sir B. Rhys WilliamsWe understand that a great deal of American investment is taking place this year. Would it not be better to stop selling Britain to the Americans and to put the proceeds straight into the current account?