§ 80. Mr. T. Reidasked the Chancellor of the Exchequer if he will give an assurance that, in the Government's scheme of priorities, funds needed urgently for hospitals will take precedence over further gifts to Dependencies, which have been allotted £530 million since the end of the First World War.
§ Mr. R. A. ButlerNo, because Her Majesty's Government and Parliament, in deciding what funds should be allocated10W Majesty's Government on the convertibility of the £ sterling.
§ Mr. R. A. ButlerThe policy of Her Majesty's Government on the convertibility of sterling has consistently followed the statement in the communiqué of the Commonwealth Economic Conference, 1952.