Charge of Import Deposits

Part of Clause 1 – in the House of Commons at 12:00 am on 3rd December 1968.

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Photo of Mr John Biffen Mr John Biffen , Oswestry 12:00 am, 3rd December 1968

I am interested in the right hon. Gentleman's comment about the difficulties arising from the international monetary crisis, but does he recollect that the Chancellor of the Exchequer argued that the package was not related to the international monetary crisis and that it was, to some extent, a coincidence that the two came together? Surely the question of import deposits was considered by the Government long before the international monetary crisis blew up. Was not that the time when consultations should have been considered?