HC Deb 01 December 1936 vol 318 cc1021-2
48. Mr. DOBBIE

asked the Chancellor of the Exchequer whether he is aware of the negotiations now proceeding in the City of London for a loan in favour of Japan; and what the attitude of His Majesty's Government is to such a loan?

Mr. CHAMBERLAIN

So far as I am aware, no negotiations of the kind referred to in the first part of the question are taking place; the second part does not therefore arise.

Mr. DOBBIE

Will the Chancellor of the Exchequer be good enough to give us the assurance that no authority for the raising of such a loan shall be given without first consulting with this House?

Mr. CHAMBERLAIN

No, Sir.

Mr. LENNOX-BOYD

Is there any reason why Japan should be excluded alone from the benefits of foreign loans, and, in general, is it not now a good time to put our relations with Japan upon a, basis of better friendship

Mr. BURKE

Is the Chancellor of the Exchequer aware that every service given to Japan by the City of London is a, direct disservice to Lancashire?