§ 32. Mr. Crawfordasked the Minister of Agriculture, Fisheries and Food what representations he has received concerning both the revaluation and the devaluation of the green pound.
§ 33. Mr. Whiteheadasked the Minister of Agriculture, Fisheries and Food what recent communications he has had about a possible devaluing of the green pound.
§ Mr. John SilkinI have received many representations on this subject, both from672W those who oppose and from those who propose a devaluation of the green pound.
§ 35. Mr. Hoyleasked the Secretary of State for Agriculture, Fisheries and Food what the cost would be to the housewife of a 6 per cent. devaluation of the green pound.
§ Mr. John SilkinI cannot give a precise estimate, but would expect retail food prices to rise on average by between 1 and 1½ pence in the pound.
§ 40. Mr. Kenneth Lewisasked the Minister of Agriculture, Fisheries and Food what is the present position on the negotiations with the EEC on the green pound.
§ Mr. John SilkinI would refer the hon. Member to the reply given earlier to the hon. Member for Harrow, East (Mr. Dykes) and others.
§ Mr. Martenasked the Minister of Agriculture, Fisheries and Food if the green pound were revalued to parity, what would be the estimated rise in the cost of food.
§ Mr. BishopThe effect on food prices of devaluing the green pound to the current market rate would depend on a number of complex factors. I cannot give a realistic estimate of the effect of a devaluation of this order.