§ 62 and 63. Colonel Crosthwaite-Eyreasked the Chancellor of the Exchequer (1) what are the total balances, credit and debit, now standing in gold or hard currency with other countries as a result of financial agreements entered into by His Majesty's Government;
(2) the drain upon our hard currency and gold resources entailed since 10th August, 1947, by maintaining partial convertibility.
226Wdities for comparable periods of 1946 and 1947. My hon. Friend will realise that imports in 1948 are still the subject of overseas negotiations as well as to economy decisions already announced.
Following is the statement:
§ Mr. Glenvil HallI am not dear as to the meaning of these Questions, and in any case I am not prepared to add anything to the statements of gross sales of gold recently published.