§ Sir F. WISEasked the Chancellor of the Exchequer what countries in Europe use the United States dollar as a base value of exchange?
§ Mr. SNOWDENUnder existing conditions it is hardly possible to distinguish between those countries which have adopted gold and those which have adopted the United States dollar, or between those which have definitively established one of these two standards and those which have for a longer or shorter period maintained a standard as a matter of administrative practice. Under the recommendations of the Dawes Report the proposed new German currency will be kept in a fixed relationship to gold.