§ 4. Sir PARK GOFFasked the Secretary of State for Foreign Affairs whether, in view of the fact that the League of Nations declared itself satisfied with the purpose of a recent loan to Greece and with the allocation of certain revenues as security, and that owing to misapprehensions on the part of the League on currency problems the service of the loans in the currency of the borrower has not sufficed to meet the sterling, dollar, and franc obligations, he will introduce proposals that the League, in view of defaults on its supervised loans, when money is required by foreign countries, should provide it by official gift through the channel of the League rather than by loans floated on the advice of the League and at the expense of private investors?
§ Sir J. SIMONNo, Sir.