§ 47. Mr. Hollisasked the Chancellor of the Exchequer whether the figure of 48 million for the month of November is the rate of our dollar deficit or the new drain on this country's gold stocks.
§ Sir S. CrippsThe figure represents the total gross sales of gold, made to supply us with purchasing power in the dollar area and elsewhere.
§ 59. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer what was the monthly loss of gold or hard currency incurred by this country in October and November, respectively, through limitations on the amounts of inconvertible sterling to be held by various countries under financial agreements concluded by His Majesty's Government.
§ Sir S. CrippsAs already announced, total sales of gold were £35 million and £48 million gross, in October and November respectively. I am not prepared to give details by countries.