§ 50. Mr. R. C. MORRISONasked the Chancellor of the Exchequer whether he is aware that conversations are taking place in London between British and German bankers regarding a proposal for a large loan to help Germany out of her financial difficulties; and, in view of the fact that these difficulties are largely due to armaments expenditure, whether he will give an assurance that he will not give his consent to any proposal to lend further British money to Germany?
Mr. CHAMBERLAINI am not aware of any such conversations as the hon. Member alludes to. As regards the second part of the question, I would refer him to the reply given to the hon. Member for the Stoke Division (Mr. E. Smith) yesterday.
§ Mr. MORRISONHas not the right hon. Gentleman seen the definite statements which have been made in certain responsible financial journals within the last few days with regard to these conversations; and will he answer the last part of the question, which his colleague did not answer yesterday?
§ Mr. PETHERICKWill my right hon. Friend make it clear that the policy of His Majesty's Government continues to be the discouragement of foreign loans, which policy has been such a success during the last 4½ years?