HC Deb 05 December 1934 vol 295 cc1589-90
61. Sir PARK GOFF

asked the Chancellor of the Exchequer whether he is now in a position to make a statement on the prospects of the success of the converted Austrian League Loan, 1923–43; and whether His Majesty's Government has approved of the conversion?

The FINANCIAL SECRETARY to the TREASURY (Mr. Duff Cooper)

The negotiations for raising An internationally guaranteed loan to convert the Austrian Government Guaranteed Loan, 1923–43, have been successfully completed with the full approval of His Majesty's Government, and issues of the Conversion Loan will be made in this and other markets shortly.

Mr. MANDER

Is there any question of a further loan being under consideration?

Mr. COOPER

Not so far as I am aware.