HC Deb 30 June 1938 vol 337 cc2118-9
62. Mr. Price

asked the Chancellor of the Exchequer whether, in connection with his negotiations with the German Government, he has received any request for a reduction in the rate of interest on the Dawes and Young loans?

Sir J. Simon

I am not yet in a position to make any statement in regard to these negotiations, but I hope to be able to do so at a very early date. In the meanwhile I desire to make it clear that those who from now onwards buy Austrian or German loans from foreign holders do so at their own risk.

Mr. Price

Has the question of the Austrian debt been raised during the negotiations in connection with the German loans?

Sir J. Simon

It would be better for me not to make any statement on the matter to-day. I have told the hon. Gentleman that I hope to be able to make a statement at a very early date.