§ 3. Mr. Dayasked the Secretary of State for Foreign Affairs particulars of any information he has received from His Majesty's representative at Shanghai as to negotiations for payment for the consolidation of the unsecured and partially secured foreign obligations of China; and whether His Majesty's Minister has made it quite clear to the Chinese Government that any solution should provide for the payment in favour of all valid British claims at the earliest possible moment?
§ Mr. EdenSettlements have been reached in all the negotiations relating to Chinese loans (secured, partially secured and unsecured) issued in London, on which defaults have occurred. I have no information regarding any negotiations which may be in progress for the settlement of defaults on other foreign obligations of China.