HC Deb 09 July 1923 vol 166 cc922-3
57. Viscount CURZON

asked the Prime Minister on what dates during the year 1918 was paper money taken by King's or Admiralty messengers to Scandinavia for the Red Cross or other purposes; what were the amounts in each case; were the transactions made through banks; if so, what banks; did the Foreign Office approve, in view of the obviously grave objections, when the money reached German hands or when the money was exchanged; who received the profits of the exchange; if credit could have been obtained in Denmark upon British security; and, if so, why was this method not adopted?


The records of the Foreign Office only show the occasion described by the Parliamentary Under-Secretary of State for Foreign Affairs in his reply to my hon. Friend the Member for Thirsk and Malton on 20th June, and the sum transmitted was £50,000. No banks were employed for the transaction. I cannot agree with my Noble and gallant Friend's estimate of the objections attaching to it; the prisoners of war obtained the profits of the exchange, and, for that reason, the method suggested in the last part of the question was not adopted.