77. Mr. L. MALONEasked the Under-Secretary of State for Foreign Affairs which British banks represent Great Britain in the Chinese Consortium; whether His Majesty's Government lay down the conditions upon which loans are made to China; and what is the position of other banks or financiers who wish to make loans to China?
Mr. HARMSWORTHThe British group in the Chinese Consortium consists of
The conditions under which loans are made to China by the Consortium are not laid down by His Majesty's Government, but are contained in the New Consortium Agreement signed on 15th October, 1920. Other banks or financiers wishing to make loans to China will, if conflicting with the spirit or policy of the Consortium Agreement, not receive the support of His Majesty's Government.
- The Hongkong and Shanghai Banking Corporation. Messrs. Baring Brothers and Company, Ltd.
- The London County, Westminster and Parrs Bank, Ltd.
- Messrs. J. Henry Schroder & Company.
- The Chartered Bank of India, Australia, and China.
- Messrs. N. M. Rothschild and Sons.
- The British Trade Corporation.