§ 54. Mr. Hollisasked the Chancellor of the Exchequer what reply was made by His Majesty's Government to suggestions made prior to 15th July by the U.S. Administration that the date of convertibility of sterling be postponed.
§ 70. Mr. D. Marshallasked the Chancellor of the Exchequer what was the amount of dollars lost as a result of con-chiding Convertibility Agreements prior to the date stipulated under the American Loan Agreement, namely, 15th July, 1947.
§ Mr. DaltonI would refer the hon. Members to my statement on Friday last.
§ 60. Mr. W. Shepherdasked the Chancellor of the Exchequer what estimate was formed by his Department of the loss of dollars that would arise in the first month, as the result of the convertibility of sterling.
§ Mr. DaltonI assume that the hon. Member means in the first month following 15th July. I dealt in some detail in my speech on Friday last with the circumstances after this period.
§ 63. Mr. Boothbyasked the Chancellor of the Exchequer how much sterling was converted by each foreign country prior to 15th July last, and between 15th July and 20th August.
§ Mr. DaltonI am collecting such figures as are available and will circulate them with the OFFICIAL REPORT.
§ 71. Mr. D. Marshallasked the Chancellor of the Exchequer what is the 44W approximate estimate of the amount expressed in sterling of British exports lost owing to the fact that up to 20th August foreign holders of sterling were given the option of buying American products instead of spending their money on British goods.
§ Mr. DaltonI do not know of any case in which suitable British goods available for export were not exported, merely because a foreign holder of sterling could convert the sterling into dollars