HC Deb 12 May 1948 vol 450 cc222-3W
55. Mr. Erroll

asked the Chancellor of the Exchequer whether he will arrange that emigrants to the U.S.A., whose application to enter that country had been accepted by the authorities prior to his reduction to £1,000 of the amount emigrants may take to the U.S. but who had not then applied to the Bank of England for permission to take the full £5,000, shall be entitled to take up to £5,000 in capital over the next four years on the old terms provided that they apply to the Bank of England in the immediate future.

Mr. Glenvil Hall

No, but the same concessions apply in the case of the U.S.A. and other countries outside the sterling area as were mentioned in the Chancellor's reply on 6th May to the Question of the hon. and gallant Member for North Blackpool (Mr. Low) about Canada: the old terms apply to emigrants who can show that they were financially committed before 9th April, in the expectation of being able to take out the amounts then allowed.