§ 74 Sir P. RICHARDSONasked the President of the Board of Trade whether he is aware that many British companies, firms, and individuals who have claims against the Soviet Government in respect of nationalised property have exhausted their resources during seven years of waiting, and have either become insolvent or are likely to become insolvent; and whether he can recommend that assistance be given to them to maintain their claims, having regard to the magnitude of British claims against Russia?
§ Sir B CHADWICKYes, Sir, I realise the extent to which certain classes of creditors of Russia have suffered as a result of the failure of the Soviet Government to meet its obligations. I regret, however, that. I cannot suggest any other method by which claimants can at the moment maintain their claims, than by recording them with the Russian Claims Department.
§ Mr. MACKINDERIs it not possible even now to try to enter into negotiations whereby some of these claimants may get some of their dues?
15. Mr. ROY WILSONasked the Secretary of State for Foreign Affairs whether any conversations have recently taken place between His Majesty's Government and the representatives of the Soviet Government with the object of obtaining a settlement of the claims of British nationals in respect of property confiscated from them and Russian loans held by them which have been repudiated; and if it is the intention of His Majesty's Government to re-open negotiations with a view to obtaining a settlement of British claims against Russia which have been outstanding for the past seven years?
Mr. CHAMBERLAINThe answer to the first part of the question is in the negative. In reply to the second part, I would refer the hon. Member to the answers given on the 11th March to the hon. Member for Brightside and to the hon. and gallant Member for Central Hull.