§ 7. Mr. LOOKER
asked the Secretary of State for Foreign Affairs how long Mexico has been in default in respect of her foreign indebtedness; and whether there is any prospect of payments being made to her foreign creditors?
From 1914 to 1922 Mexico was in default in respect of its foreign indebtedness. In 1022, a settlement of the major portion of the debt was effected; cash payments under this arrangement were begun in January, 1923, but have been in arrear since July, 1023. A new settlement has recently been made under which payments are to be resumed on the 1st January next.