HC Deb 19 May 1924 vol 173 cc1814-5
25. Sir F. WISE

asked the Prime Minister what is the action of the Turkish Government in reference to the conditions laid down by the decrees of 1881 and 1903 governing the contracts with the bondholders?

The PRIME MINISTER

Since March, 1920, the Council of the Ottoman Public Debt has been deprived of the control over the revenues assigned to it by the Decrees of 1881 and 1903 in parts of Anatolia. The Turkish Government has been continuing this process, and, according to a recent telegram from His Majesty's representative at Constantinople, the last remaining offices of the Ottoman Public Debt which were collecting the assigned revenues have now received orders to sever their connection with the debt administration, and to remit their funds direct to the Turkish Government.

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