HC Deb 06 July 1944 vol 401 cc1314-5
54. Mr. Wootton-Davies

asked the Chancellor of the Exchequer if he will state the amount of British investments in Brazil; the amount of such investments on which the fixed interest has not been paid in the last 10 years; and the measure of full support given by His Majesty's Government to the holders of such stock to enable them to recover the sums legally due to them.

Sir J. Anderson

It has been estimated that at the end of 1936 the total of nominal capital in British ownership in Brazil quoted on the Stock Exchange was £160,000,000. No official computation is available of the amount of the investments on which fixed interest has not been paid in full during the last ten years. With regard to the rest of the Question, I would refer my hon. Friend to the reply given to the hon. Member for Bournemouth (Sir L. Lyle) on 21st June by my right hon. Friend the Foreign Secretary.