§ 75. Sir W. Smithersasked the Chancellor of the Exchequer, in view of the desire of the members of the Prime Ministers' Commonwealth Conference to remove barriers to international trade, when he proposes to make the £ sterling freely convertible and implement the other proposals of the conference; and if he will make a statement.
§ Mr. R. A. ButlerI would refer the hon. Member to what I told the House on 17th March about convertibility and to statements made from time to time of action taken in pursuance of matters referred to in the communiqués of the recent meeting and of the conference of December, 1952.