HC Deb 15 November 1932 vol 270 cc919-20
14. Mr. GIBSON

asked the President of the Board of Trade if he is aware of the difficulties of British woollen manufacturers in respect of their inability to obtain payment of their accounts by Greek debtors and that, although arrangements were made by the Greek Government for currency to be available at 10 per cent. half-yearly, no payments have been received by British traders in respect of the first instalment of 10 per cent. due on 26th October; and what action does he propose to take on behalf of British traders?


I would refer my hon. Friend to the reply given yesterday to the hon. Member for the Platting Division of Manchester (Mr. Chorlton).


Is the hon. Gentleman aware of the very serious position in the North of England in connection with this unfair treatment on the part of the Greek Government, and that the traders of Bradford alone have over £250,000 out in Greece, which is being held up by the action of the Greek Government?


Some Bradford firms are among those in whose favour the Bank of Greece has notified its readiness to release exchange to meet the first 10 per cent, instalment.

7. Mr. GIBSON (for Mr. HANNON)

asked the President of the Board of Trade whether, in any negotiations he may enter into with the Argentine Government for a fresh trade agreement between Argentina and Great Britain, he will endeavour to secure that a more equitable allotment of the available exchange is granted to British interests, in view of the volume of British purchases from Argentina as compared with those of other countries?


The exchange situation will be taken into account in the forthcoming negotiations with the Argentine Government.