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82 West Cromwell Road, S.W.5.—Suggests a suitable time for a meeting of the sub-committee appointed to consider his memorandum on currency. Commends Pell’s book (see 2/79).

Thanks him for his criticisms (see 2/77), but points out the distinction between the memorandum and the questions, which are merely suggestions to be considered by the committee. Passes on comments on the questions by Lloyd and Wise.