HC Deb 08 June 1932 vol 266 cc1907-8
1. Mr. TEMPLETON

asked the Secretary of State for Foreign Affairs if he is yet in a position to report whether arrangements have been made by the authorities of the State of Rio de Janeiro to resume fulfilment of their obligations to those British investors who have lent their savings to the State of Rio de Janeiro?

The UNDER-SECRETARY of STATE for FOREIGN AFFAIRS (Mr. Eden)

I am informed that negotiations are still proceeding at Rio de Janeiro between the interested parties, but that no definite agreement has yet been reached.

Sir ARTHUR MICHAEL SAMUEL

Is the Under-Secretary aware that the quicker an arrangement is reached the quicker will our own revenue benefit?

Mr. EDEN

Yes, that had occurred to me.

2. Captain PEAKE

asked the Secretary of State for Foreign Affairs what was the result of the representations made to the German Government against the detention of funds destined for the service of the city of Budapest 4 per cent. loans, 1910?

Mr. EDEN

I am glad to be able to inform the House that these sums have been released and that funds are accordingly available to pay the British bondholders in full.