Oral Answers to Questions — German Exchange.

– in the House of Commons on 27th March 1922.

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Photo of Lord Henry Cavendish-Bentinck Lord Henry Cavendish-Bentinck , Nottingham South

37.

asked the Prime Minister whether his attention has been drawn to the recent collapse in the German exchange; and what steps, in view of the urgent need of a stabilised exchange for the economic recovers' of Europe, the Government intends to take in the matter?

Mr. YOUNG:

The answer to the first part of the question is in the affirmative. As regards the second, the whole subject of exchange will, I hope, be fully examined at Genoa with a view to such international action as is possible.

Photo of Commander Hon. Joseph Kenworthy Commander Hon. Joseph Kenworthy , Kingston upon Hull Central

What is the use of discussing the question of the exchange at Genoa if the Reparations and Peace Treaties are to be ruled out of the agenda?

Photo of Lord Henry Cavendish-Bentinck Lord Henry Cavendish-Bentinck , Nottingham South

What is the use of going to Genoa if the Reparations Commission are inflicting sabotage on Central Europe?

Photo of Mr Marshall Stevens Mr Marshall Stevens , Eccles

Will the whole question of the stabilisation of exchanges be dealt with in Genoa?

Mr. YOUNG:

I have no doubt that these matters will be entered into and explained more fully in the course of the discussion.