§ Sir C. Osborneasked the Chancellor of the Exchequer, in view of the present weakness of the £ sterling due partly to the seamen's strike, and partly to the shortage of credit throughout the world, and the pressure on interest rates at a time when sterling is normally strong, if he is satisfied that the reserves of sterling are sufficient to meet the autumn drain, without imposing a higher Bank Rate; and if he will make a statement.
§ Mr. CallaghanAs the hon. Gentleman is aware it is not the practice to make statements about Bank Rate.