asked the Secretary of State for Foreign Affairs whether the Government intend to propose to foreign Powers the calling of an international conference to discuss and regulate on international lines the production and distribution of essential raw materials; and whether such international regulation represents the policy of His Majesty's Government?

This matter must follow upon the settlement of other maters now the subject or about to become the subject of negotiation, and so at present I can make no statement regarding it. It is not escaping the attention of His Majesty's Government.