European Trade Policy

Part of the debate – in the House of Commons at 12:00 am on 26th November 1956.

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Photo of Sir Gerald Nabarro Sir Gerald Nabarro , Kidderminster 12:00 am, 26th November 1956

Would the right hon. Gentleman tell the House what he has in mind as a substitute for the existing arrangements under the 75 per cent. gold payments? Surely surpluses and deficits have to be dealt with sooner or later, and it is only a question of how much sooner or how much later.