§ 64. Mr. L. SMITHasked the Chancellor of the Exchequer whether his attention has been called to the proposed Franco-Rumanian agreement under which Rumania's oil royalties, representing her remaining asset, have been mortgaged for purchases of armaments in France and 1563 for the benefit of French bondholders; and what steps he proposes to take to safeguard the interests of Rumania's British creditors?
Mr. CHAMBERLAINYes, Sir, my attention has been called to reports which have appeared in the Press in regard to the proposed Franco-Rumanian agreement, and the matter is receiving careful consideration.