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Post-War Currency

Volume 388: debated on Wednesday 7 April 1943

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asked the Chancellor of the Exchequer, (1) whether he will instruct representatives attending the United Nations conference in the United States of America on post-war currency that consideration should be given to the currency arrangements operating within the British Commonwealth of Nations before the war;(2) whether he will instruct his representatives attending the post-war currency conference of the United Nations in the United States of America not to commit this country to a return to a gold standard under the joint control of the United States of America and Britain, to the amalgamation of the dollar and the pound as a joint currency system, nor to a universal system of money to supersede all existing national and international currencies;(3) whether he will instruct his representatives attending the post-war currency conference of the United Nations in the United States of America to submit for consideration the establishment of a stabilisation currency committee in each of the countries of the United Nations working in the closest co-operation with an international currency stabilisation board which will be responsible for maintaining equilibrium between world currencies through a common equalisation fund?

I think my hon. Friend will find it convenient to await the White Paper which will be available to-day.