§ 76. Major Bramall
asked the Chancellor of the Duchy of Lancaster why accounting for trade between the British and U.S. zones of Germany and the French zone has to be carried out in dollars and not in marks, which is the only currency common to all three zones; and whether he is satisfied that this decision helps to promote the economic unity of Germany.
§ Mr. J. Hynd
Within the combined British and American zones of Germany there is equitable distribution of indigenous resources and an equal sharing of the financing of necessary imports which cannot at present be paid for by exports. It has not been possible to reach agreement on these lines with the other two zones. Consequently, since imports into the combined zones must be paid for in foreign exchange, any excess of exports354W from the combined zones to any other zone must also be paid for in foreign exchange. Otherwise an extra foreign exchange cost would fall on the British and American taxpayer. This arrangement is not a bar to the economic unity of Germany. It would cease to operate in respect of either of the other zones on the acceptance of economic unity with the British and American zones.