HC Deb 21 July 1924 vol 176 cc853-4
15. Mr. A. M. SAMUEL

asked the Secretary of State for Foreign Affairs whether he has received a reply to the representations he has made to the Government of Brazil with regard to their failure to carry out their contractual obligations to the Great Western Railway Company of Brazil; and, if so, will he publish the reply?

The PRIME MINISTER (Mr. J. Ramsay MacDonald)

His Majesty's Embassy have made frequent verbal representations to the Brazilian Government with regard to their refusal to carry out their undertaking to allow the Great Western Railway Company of Brazil to raise its tariffs and have received `the reply that the Brazilian Government admit that the raising of the tariffs is necessary. His Majesty's Ambassador has, however, been unable to induce the Brazilian Government to take the necessary steps in the matter. I may add that His Majesty's Ambassador has pointed out to the Brazilian Government the bad effect which must he produced on Brazilian credit by the treatment of this company.


May I thank the right hon. Gentleman for his answer, and further ask him if he is aware that much of our export trade depends on the ability of foreign countries to raise loans here and that a continuance of the abuse of British capital will injure our foreign trade very much; and will he take steps to see that British capital is not abused abroad?


That question is covered by the answer already given.

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