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Tuesday, 28 June 1949

Mr ABBOTT - I desire to ask the Prime Minister a question about the dollar difficulties of the British Empire, a subject upon which the right honorable gentleman frequently harps in this House. Has the Prime Minister studied the work of the American economist Hazlitt. entitled Can Dollars Save the World? In that publication Hazlitt states that, in his opinion, one of the prime essentials to the improvement of tie monetary conditions of the world, and particularly of sterling in relation to the dollar, is to remove the pegs from the exchanges, and allow the exchanges to operate freely.

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