HC Deb 25 July 1950 vol 478 cc26-7W
51. Mr. Maudling

asked the Chancellor of the Exchequer what further offers have been made to His Majesty's Government to supply major dollar-area commodities to this country on a sterling basis as in the case of the recent oil agreements; and which of such offers have been accepted.

Sir S. Cripps

Similar arrangements have been suggested from time to time for other major dollar-costing commodities, but none has been accepted. Very exceptional circumstances existed in the case of oil.