HC Deb 14 December 1916 vol 88 cc851-2
114. Sir J. D. REES

asked the Chancellor of the Exchequer whether he can make ny announcement regarding the action the Government proposes to take in respect of the book debts of British traders; and what steps are being or will be taken to prevent the settlement by British firms of debts due to alien enemies until the interests of the British creditors of such enemies are adequately safeguarded?

Mr. BONAR LAW

I am not at present in a position to add anything to what has been said by my predecessor on this subject, except that the question is engaging the careful attention of the Government, with a view to proper steps being taken to safeguard the interests of British creditors when the time comes to discuss terms of peace. British debtors are of course prohibited during the continuance of the War from settling debts due to enemies.