§ 40. Mr. RAPERasked the Chancellor of the Exchequer whether His Majesty's Government are at present negotiating a loan to Portugal; and, if so, what is the amount of such loan, the security, and the proposed terms of interest and repayment?
§ Sir R. HORNEThe hon. Member is under a misapprehension. There is no question of ah additional Government loan to Portugal, but the outstanding balance amounting to £1,500,000 of a loan made to Portugal early in 1916 has now been consolidated with other war advances to Portugal.
§ Mr. RAPERWill the right hon. Gentleman give us particulars of the basis on which the balance of the old loans have been amalgamated?
§ Sir R. HORNEI am afraid I must ask for notice of that. I could not tell at the moment.