HC Deb 22 December 1937 vol 330 c1985W
Sir E. Graham-Little

asked the Financial Secretary to the Treasury whether any steps have been taken recently and, if so, of what nature, to safeguard the financial stability of this country against possible dangers arising from the Foreign holdings of English currency?

Lieut.-Colonel Colville

It is impossible to deal by way of question and answer with all the aspects of this matter, but I can assure the hon. Member that the point he mentions has not been overlooked and that the existence of the Exchange Equalisation Account contributes to an important extent to meeting the object which I believe he has in view.