§ 3. Mr. POTTERasked the Secretary of State for Foregn Affairs if he will request His Majesty's Ambassador at Rio de Janeiro to ascertain the reasons why the documents representing the obligations of the Brazilian Government's third default have not yet been handed to the British finance houses responsible for the flotation of the loans for distribution among those who are entitled to the documents?
§ Sir J. SIMONIt is understood that the arrangements proposed by the Brazilian Government, in connection with their decision to issue funding bonds in respect of interest on certain of their external loans, have been stated in detail to the bondholders concerned, and I do not think that any useful purpose would be served by communicating with the Brazilian Government on the matter.
§ Mr. KIRKWOODIs not this one of the countries that have not met their obligations as the Soviets have met theirs with this country?