HC Deb 02 December 1937 vol 329 cc2257-8
101. Mr. De la Bère

asked the Chancellor of the Exchequer what further steps the Government are taking to safeguard the savings of small investors against their losses incurred by their lending to foreign Powers through loans raised in London, in view of the unsatisfactory attitude adopted by some foreign Powers in this matter?

The Chancellor of the Exchequer (Sir John Simon)

As has been repeatedly stated to the House, His Majesty's Government are always ready to give such assistance as may be practicable to the authorised representatives of the bondholders in the event of default by a foreign Government.

Mr. De la Bère

Is the Chancellor of the Exchequer aware that what agriculture wants is money at 2½ per cent.?