§ 2. Sir J. Leechasked the Prime Minister whether he is aware that an exchange rate of 16 pesos, provided the amounts transferable do not exceed last year's transfers, is an inadequate concession by the Argentine Government to the Anglo-Argentine railways shareholders, and that last year's remittances were small owing to failure of crops compared with heavy crops this year; and will he, on behalf of British investors, and independently of the railway directors, request the Argentine Government to reconsider the limitation at last year's total?
§ Mr. ButlerI would refer my hon. Friend to the reply given to him yesterday, to which I have nothing to add.