§ 59. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer what currencies His Majesty's Government consider over-valued in terms of sterling in relation to their purchasing power parities; and what action is contemplated, or has been taken, to ensure correct revaluation, so that the cost of imports into the United Kingdom should not be unduly excessive.
§ Mr. Glenvil HallI do not think it would be advisable to make any statement on this subject at the present time.
§ 60. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer what representations His Majesty's Government have 421W made to the International Monetary Fund, through the executive board, to prevent the recognition of exchange parities which place this country at a disadvantage owing to the revaluation of the currencies concerned in terms of sterling.
§ Mr. Glenvil HallNone, Sir.