Since the economic Crisis of a Few Days ago could recur in a matter of months owing to the present unsatisfactory international monetary system, is there any reason why we should have to wait for the inauguration of the new President before top-level talks between representatives of our Treasury and the American Government begin?

As my hon. Friend the Member for Ebbw Vale (Mr. Michael Foot) said, we may be faced with a constitutional Crisis in a Few Days with the other place taking a decision which will mean, in effect, that this whole matter will go through the spring and summer unresolved, creating greater difficulty, tension in the country, and pressures upon all of us from avariety of sources.