§ Sir W. Smithersasked the Chancellor of the Exchequer if, in view of the fact that devaluation of the pound will increase the cost of imports, he will consider ways and means of allowing existing stocks to be renewed at their replacement value.
§ Sir S. CrippsIncreases and decreases in the cost of imports are always occurring and, as at present advised, I do not122W think the devaluation of the pound justifies any departure from normal practice in dealing with them.