HC Deb 07 March 1923 vol 161 c534W
Sir A. HOLBROOK

asked the Chancellor of the Exchequer whether he has received a suggestion that we should build up in Canada a reserve fund towards the payment of the American debt; and whether, seeing that the Canadian and United States dollars are not likely to vary seriously in value and that any such fund would be comparatively free from exchange fluctuations, he will consider the advisability of adopting the suggestion?

Mr. BALDWIN:

I would refer my hon. and gallant Friend to the answer given yesterday on this subject to the hon. Member for the St. George's Division of Westminster (Mr. Erskine).