HC Deb 12 May 1930 vol 238 c1436
25. Commander SOUTHBY

asked the Secretary of State for Foreign Affairs whether he is aware that no coupons have been met since 1917 on the Riga loan issued in 1913; whether, seeing that part of the loan was used for the building of barracks which are now occupied by Latvian soldiers, and that the Latvian Government thus has a direct interest in the benefits of this loan, he will take up the matter through His Majesty's representative in Latvia in order to obtain justice for the British bondholders?

Mr. DALTON

The answer to the first part of the question is in the affirmative. As regards the second part, His Majesty's Minister at Riga is keeping in close touch with the Latvian Government in the matter, and is taking all possible steps to safeguard the interests of British bondholders.

Commander SOUTHBY

Does the hon. Gentleman hope that there will be any satisfactory result from these negotiations?

Mr. DALTON

We expect to have a further report from our representative shortly.

Commander SOUTHBY

If I put down another question, in about a fortnight's time, will the hon. Gentleman then be able to give me a definite answer?

Mr. DALTON

I hope so.

Forward to