HC Deb 22 February 1934 vol 286 cc500-1
34. Mr. REMER

asked the Chancellor of the Exchequer whether his attention has been drawn to the fact that the Brazilian Government is preparing to negotiate a gold loan for gold cover of a central reserve bank; and will he notify the Brazilian authorities that there can be no issue in Britain of a Brazilian gold loan, notwithstanding any future relaxation of the embargo on foreign loans, unless the fourth Brazilian default imposed by the unilateral decree is readjusted to the satisfaction of British nationals who previously entrusted their savings to the Brazilian authorities?

Mr. CHAMBERLAIN

So far as I am aware, it is not the case that the Brazilian Government are preparing to negotiate a loan in this country and the remainder of the question does not therefore arise.