HC Deb 12 July 1966 vol 731 c169W
41. Mr. Turton

asked the Chancellor of the Exchequer whether he has given further consideration to the proposal to differentiate between sterling circulating internally and sterling used externally as settlement in world trade; and whether he will make a statement.

Mr. Callaghan

I have had this proposal studied, but I am afraid that I do not think it is a practicable scheme.