| Description | Contains papers relating to the Cranmer scheme: the blocking of sterling holdings of the overseas sterling area and non sterling area, in the event of severe pressure on sterling and little or no resources to meet it. Includes minutes of meetings of the HM Treasury Group on Contingency Planning (Sir Douglas Allen's Group), and papers regarding the euro dollar market, German exchange control before the Second World War, and the practicalities of implementing Cranmer, including relations with the International Monetary Fund (IMF) and Organisation for Economic Co-operation and Development (OECD), implications for international trade, merchanting trade and the commodity markets, and the problem of the Irish Republic. Also has a paper relating to the Androcles scheme: the mobilisation to benefit the reserves of all or part of the private UK holdings of overseas securities. |