§ 10. Sir NICHOLAS GRATTAN-DOYLE
asked the Secretary of State for Foreign Affairs if he will ascertain from the Argentine Government its attitude towards the investment of British capital in the Anglo-Argentine tramways; and 757 will he point out to the Argentine authorities that the treatment of British capital in this company discourages further investment of British capital in public services in Argentina?
§ 14. Lord SCONE
asked the Secretary of State for Foreign Affairs if he is now able to make a further statement on the position of the Anglo-Argentine Tramway Company?
§ Mr. EDEN
I understand that negotiations are still proceeding between the company and the Argentine authorities, having as their basis the emergency tariff scheme, to which reference was made in the reply given to my Noble Friend the Member for Perth (Lord Scone) on 27th April last. The chairman of the company, the Duke of Atholl, is at present at Buenos Ayres, and is in close touch with His Majesty's Ambassador. I do not consider that in the circumstances further representations of the nature suggested by my hon. Friend the Member for Newcastle-upon-Tyne, North (Sir N. Grattan-Doyle) should at present be made.
§ Sir N. GRATTAN-DOYLE
As this is a matter of extreme importance, will my hon. Friend pursue his investigations and endeavour to arrive at a conclusion?
§ Mr. HANNON
Are we to assume that the Government have instructed our Ambassador at Buenos Ayres to give all necessary assistance to the Duke of Atholl in his negotiations with the Argentine Government?