§ Mr. Bidwell
asked the Chancellor of tthe Exchequer (1) if he will institute an inquiry to discover who was responsible 21W for the July run on sterling: and if he will make a statement;
(2) if he will issue instructions to the Bank of England to prevent a further run on sterling.
§ Mr. Callaghan
The causes of pressure are pretty well known. Withdrawals of funds cannot always be prevented, but their effect can be offset, and international arrangements have been helpful in doing this.