§ Mr. Gouldasked the Chancellor of the Exchequer by how much the value of the £ sterling would have to be reduced from $1.66 to enable the United Kingdom to pay the foreign exchange cost of abolishing the green pound, assuming no change in other factors.
§ Mr. Robert SheldonThe overall balance of payments effect of abolition of the green pound would plainly be adverse, but there is no clear way of isolating any consequential exchange rate effect.