HC Deb 15 September 1931 vol 256 cc661-2
6. Mr. EDE

asked the President of the Board of Trade whether the Hungarian Government has yet paid to the administrator of Hungarian property the final balance for interest due to approved British creditors, as foreshadowed in the last paragraph of the dividend form issued from Cornwall House on 7th November, 1030; and, if the appropriate amount has not been received, will he request His Majesty's Minister at Budapest to make suitable representations?

Sir P. CUNLIFFE-LISTER

The liabilities of the Hungarian Government in respect of British pre-War creditors are being discharged by regular instalments as provided for by the Convention concluded in 1921. After receipt of the instalment due at the end of this month a further distribution will be made on account of interest.

Mr. EDE

Does the right hon. Gentleman anticipate that after that it will be possible to do away with any of the staff now engaged on the work in the interests of economy?

Sir P. CUNLIFFE-LISTER

I should like to have notice of that Question. This staff are dealing with a good many matters arising out of other treaties besides the Hungarian Treaty, but they are being reduced as rapidly as possible, and all economies possible will be made.