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United States Gold Reserves

Volume 721: debated on Thursday 25 November 1965

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asked the Chancellor of the Exchequer, if he will give an account of the measures he has taken, through international agencies, bilateral action, and the London gold pool managed by the Bank of England, to assist the United States Federal Authorities to safeguard their gold reserves.

The United Kingdom has taken a full part of measures designed to maintain a stable international payments system and an orderly market in gold. We have been glad to co-operate with the United States authorities to achieve this end.