§ 3. Mr. AUBREY HERBERT
asked the Under-Secretary of State for Foreign Affairs if the French Government have agreed to a compromise with the Turks on the question of what currency is to be the medium of payment of the French bondholders?
§ Mr. McNEILL
The French Government have made no special arrangement in regard to the rights of the French bondholders, nor have the Allied Governments incurred any responsibility or accepted any compromise in regard to the currency in which the bondholders of all nationalities are to be paid. The Allied delegates at Lausanne have, however, come to an agreement with the Turkish delegation on the basis of a reservation of the bondholders' rights, outside the Treaty.