| Description | Topics: Report of 'Internal Committee' (Sir Otto Ernst Niemeyer, Humphrey Charles Baskerville Mynors, Percival Spencer Beale, Raymond Newton Kershaw) on devaluation. The Monetary Price of Gold in the United States (US). The US lobby on the need for sterling devaluation. Report of a visit to the US in June 1949 by Sir Henry Wilson Smith and Mr Robert Hall. Notes by Treasury (HMT) officials (Sir Edward Bridges, Sir Henry Wilson Smith, Sir Wilfrid Eady, Sir Bernard Gilbert, Robert Hall) on various aspects of devaluation, the need for it and the probable effects it would have; and the Governor's comments thereon. HM Treasury paper to the Cabinet Economic Policy Committee on the Dollar Crisis. The Bank's case against devaluation and a consideration of other possible courses of action; and Robert Hall's comments thereon. The Dollar Situation - a resume for the Cabinet Economic Policy Committee of the arguments for and against devaluation. |