Sterling Exchange

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 8 July 1947.

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Photo of Mr Hugh Dalton Mr Hugh Dalton , Bishop Auckland 12:00, 8 July 1947

No, Sir, I would rather not publicise this information, which is in our hands, of course, because it might put ideas into the heads of people who otherwise might not think it worth while to purchase British sterling notes abroad. I think that if the hon. Gentleman thinks it over, he will realise that it would not be very advantageous.