HC Deb 26 May 1932 vol 266 cc539-40
60. Mr. HANNON

asked the Chancellor of the Exchequer what reply has been sent by His Majesty's Government to the representations from the Dutch Government on the subject of claims made by the Netherlands Bank for recovery from this country of alleged losses through the suspension of the Gold Standard by Great Britain?

Major ELLIOT

The Dutch Government have been informed that His Majesty's Government greatly regretted the loss suffered by the Netherlands Bank as the result of the suspension of the Gold Standard by this country, but that, after the fullest and most sympathetic consideration of all the circumstances of the case, they found it impossible to accord any preferential treatment to the sterling assets of the Netherlands Bank.

Mr. HANNON

Does that mean that, in point of fact, there is no claim of any substance whatever against the British Treasury in this matter and the Netherlands Bank?

Major ELLIOT

Perhaps the hon. Gentleman will read my answer.

Mr. MAXTON

Did the Netherlands Bank receive the apology of the Government in a proper spirit?