HC Deb 08 July 1926 vol 197 cc2259-60
52. Mr. WALLHEAD

asked the President of the Board of Trade whether the German Reich and State Governments, with the object of consolidating economic relations with Soviet Russia, have undertaken to give a 60 per cent. guarantee on deliveries of German goods to Russia, on two to four years' credits, up to a total of;300,000,000 marks; and whether His Majesty's Government intend taking any steps to negotiate a similar agreement with the Soviet Government with the object of finding additional employment for the engineering trades of this country?

Mr. A. M. SAMUEL (Secretary, Overseas Trade Department)

I may refer the hon. Member to the reply which I gave on the 5th July to a similar question asked by the hon. Member for the Forest of Dean (Mr. Purcell).

An HON. MEMBER

Will the right hon. Gentleman take any steps to stop the financing of German trade in Russia?

Mr. SAMUEL

No, Sir that would be quite out of my province.