HC Deb 17 February 1938 vol 331 c2058
48. Mr. De la Bère

asked the Prime Minister whether he can now find time to consider the Motion standing in the name of the hon. Member for Evesham relating to the Council of Foreign Bondholders?

[That this House is of opinion that, in view of the enormous losses sustained by the British public for the past 25 years in lending to Foreign Powers, it is desirable to reconstitute the Council of Foreign Bondholders (which was incorporated under the Corporation of Foreign Bond-holders Act, 1898), and that the existing Council should be dissolved and a new Council established, and that the objects and scope of the Council should be enlarged.]

The Prime Minister

I fear I can only refer my hon. Friend to the answer which I gave to him on 15th December last, to which I have nothing to add.

Mr. De la Bère

Is the Prime Minister aware of the masterly state of inactivity of the Council of Foreign Bondholders, and why it is that they have succumbed to the blandishments or dragooning of the Foreign Office, Treasury——

Hon. Members

And the B.B.C.