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Orders of the Day — European Communities Bill

Part of the debate – in the House of Commons at 12:00 am on 13th July 1972.

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Photo of Mr Michael Foot Mr Michael Foot , Ebbw Vale 12:00 am, 13th July 1972

I have no objection to my right hon. Friend dealing with these matters in his usual gay spirit. He solved the balance of payments difficulties a few minutes ago with a bon mot. Perhapshe will solve another difficulty. After 1st January, what is the situation about the parity of the £? President Pompidou says that we have to have fixed parities after 1st January, otherwise we shall not be able to proceed to enter the Community. What is my right hon. Friend's view of President Pompidou's Bonn declaration?