Although we have put down four Prayers only the one which I have moved is a matter of major argument. The other three, I think, can be dealt with quite briefly and I am certain that the Financial Secretary, with that knowledge which he undoubtedly has, can deal with the small points I wish to raise. In the first place, by the Exchange Control (Branches) Order, No. 2039, the Treasury has brought the full force of the Exchange Control Act into being. I would like to ask the Financial Secretary whether he is satisfied that this is a wise thing to do.

Is he satisfied that he is, in fact, serving the best interests of the country by bringing into force the full rigours of the Act, which I think I can safely say is, on all sides of the House, admitted to be right in principle. I think the Financial Secretary will agree with me, that one of the major things we want to do at the moment is to attract capital from hard currency areas into this country. If we can get dollars or other currencies that we require in capital investments into this country—and I hope the Financial Secretary will listen to me—