In view of the enormous implications of this problem for this country, can my right hon. Friend assure us that we shall have an opportunity to debate the agreement before it is signed?
Yes, Sir. We have discussed the question of placing it before the House. The agreement has to be reached before 3rd July, if I remember correctly, and before that date there will be an opportunity for the House to have a Debate.
I quite understand that, but the right hon. Gentleman has just given an assurance that we shall have an opportunity for a Debate. Will he, therefore, make representations to the United States in this matter, that it is really the most reasonable of all requests that this House should have a full opportunity for examination before the date is reached?
Yes, Sir, but I ask the right hon. Gentleman to realise the task which is before the O.E.E.C. countries. The work is going on at as great a speed as possible to fix all the details. I cannot promise the precise moment at this time. I am afraid that within a week before would be the earliest time it would be possible to get this thing completed.
I am afraid I cannot accept the hon. and gallant Member's reference to the disastrous consequences of Bretton Woods It was the force of events which developed since the war that the world had to tackle at Bretton Woods.