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guided by consideration of their individual interests in deciding whether or not to meet the wishes of the foreign country concerned, so long, however, as the general principle that rights of this kind cannot be arbitrarily withdrawn is fully and carefully preserved. The Committee would, however, recommend that where two or more Commonwealth Governments share a common interest in any proposal for the waiver of particular treaty rights, they should consult together with a view to arriving, in so far as possible, at a common policy. B—Conference Conclusions The Conference approved the Report of the Committee and adopted the statement set forth in the Report appended thereto and commended them to the several Governments for their consideration. X,— MONETARY AND FINANCIAL QUESTIONS A—Report of Committee At a meeting of the Heads of Delegations held on the 22nd of July, a Committee was constituted to consider monetary and financial questions as included in the Provisional Agenda in the following terms:— " Consideration of existing inter-relationships of the various currencies and monetary standards of the Empire, and of the desirability and feasibility of taking steps to restore and stabilize the general price level and to stabilize exchange." The Committee was constituted as follows:— The Hon. H. H. Stevens, M.P., Minister of Trade and Commerce, Canada (Chairman) . Canada The Rt. Hon. R. B. Bennett, K.C., M.P., Prime Minister and Secretary of State for External Affairs. The Hon. C. H. Cahan, K.C., M.P., Secretary of State of Canada. United Kingdom The Rt. Hon. Neville Chamberlain, M.P., Chancellor of the Exchequer. The Rt. Hon. Sir Philip Cunliffe-Lister, G.8.E., M.C., M.P., Secretary of State for the Colonies. Australia The Rt. Hon. S. M. Bruce, C.H., M.C., M.P., Minister without portfolio. The Hon. H. S. Gullett, M.P., Minister of State for Trade and Customs. New Zealand The Rt. Hon. J. G. Coates, M.C., Minister of Public Works, Transport and Employment. The Hon. W. Downie Stewart, Minister of Finance and Customs, etc. Union of South Africa The Hon. N. C. Havenga, M.P., Minister of Finance. The Hon. P. G. W. Grobler, M.P., Minister of Lands. The Hon. A. P. J. Fourie, M.P., Minister of Mines and Industries. Irish Free State Mr. Sean T. O'Kelly, T.D., Vice-President of the Executive Council, Minister o'f Local Government, and Public Health. Mr. Sean Lemass, T.D., Minister of Industry and Commerce. Dr. James Ryan, T.D., Minister for Agriculture.