§ 7. Sir Nicholas Grattan-Doyleasked the Secretary of State for Foreign Affairs whether he is aware that Brazil has repudiated her contractual obligations four times on many millions of loans of British savings and has imposed default schemes on British creditors without their consent; will he appoint an official to represent British creditors in discussions about any new scheme of extended Brazilian default, as the houses who issued the Brazilian loans and the Council of Foreign Bondholders have failed to persuade Brazil to honour her obligations upon the loans in question?
§ Mr. EdenAs I stated in the answer which I gave my right hon. Friend on 12th July last, the position is that while His Majesty's Government are ready to give any help that is practicable, they would only be prepared to act if requested to do so by the authorised body, the Council of Foreign Bondholders.