§ 57. Captain John Crowderasked the Chancellor of the Exchequer how much interest was received in this country from dividends paid by the railways in the Argentine during 1946 and 1947.
§ Sir S. CrippsDividends and debenture interest paid in this country by British companies owning railways in the Argentine amounted to rather less than £5 million in 1946 and rather less than £3 million in 1947.
§ Captain CrowderDoes the Chancellor think that the surrender of all future dividends from these railways by the Chancellor to the Argentine Government justifies this new Argentine Agreement?
§ Sir S. CrippsI understand that the railway shareholders settled the agreement with the Argentine Government.
§ Colonel Crosthwaite-EyreDo His Majesty's Government consider that in this case the shareholders are equivalent to the interests of this country at the present time?
§ Sir S. CrippsI am not concerned with that question here; I am concerned with how much was paid by the companies in certain years.