HC Deb 15 July 1929 vol 230 cc6-7
7. Commander SOUTHBY

asked the Secretary of State for Foreign Affairs if he will press upon the French Government the claims of those British subjects who subscribed to the four French War Loans issued between 1915 and 1918 to have their loans repaid in full, observing that these British bondholders came to the assistance of France at a critical time and would now appear to be penalised for so doing?

The CHANCELLOR of the EXCHEQUER (Mr. Philip Snowden)

At the moment I can only say that I will take any opportunity which presents itself of placing before the French Government the claim of the British bondholders for consideration.


Will the right hon. Gentleman take the initiative?


I can add nothing, as I have said, to the reply already given.

Lieut.-Commander KENWORTHY

May I ask whether this hardship to British nationals did not arise before the right hon. Gentleman took office, and what was done by his predecessor?


Will the right hon. Gentleman also point out that British nationals were urged to subscribe to these bonds by the British Government at the time?


I am well aware of the facts stated.

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