§ 92. Sir F. WISEasked the Chancellor of the Exchequer what is the position of the guaranteed bond issue of £2,000,000 to the Power and Traction Finance Company in Greece?
§ Mr. McNEILLI should be obliged if my hon. Friend would define in greater detail the information he desires. A guarantee was given under the Trade Facilities Act to an issue of £2,000,000 by the Société Genérale Hellénique, but the Treasury have no responsibility for the ordinary administration of the Company.
§ Sir F. WISEIs there any question of the validity of the concession?
§ Mr. McNEILLNot so far as I am aware.