HC Deb 20 March 1933 vol 276 c24
34. Mr. LEWIS

asked the Secretary of State for Foreign Affairs if any proposals with regard to the prolonged default on the City of Riga 4i per cent. loan have been made by the Latvian trade delegation?

Mr. EDEN

This question was discussed on the 20th January last by representatives of the Issuing House with Latvian officials who were then in London, but my right hon. Friend is not aware that any proposals for a settlement were put forward by the latter. I understand, however, that the matter is now under consideration by the Latvian authorities.

Mr. LEWIS

Are we to understand that it is proposed to go forward with the conclusion of the trade agreement with Latvia without regard to the rights of the unfortunate bondholders?

Mr. EDEN

My hon. Friend will see from my answer that the matter is under the consideration of the Latvian authorities.

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