HC Deb 16 March 1948 vol 448 c1883
60. Colonel Crosthwaite-Eyre

asked the Chancellor of the Exchequer what is the amount of compensation received from countries compulsorily acquiring British assets, whether His Majesty's Government are satisfied such compensation has been adequate, and what further representations have been made in the case of Burma.

Sir S. Cripps

In reply to the first and second parts of the Question, no collected information is available, and circumstances differ from country to country. In reply to the third part, no information is available as to private transactions, and no acquisition under any scheme of nationalisation has yet taken place. Discussions have, however, been initiated by the Government of Burma, and His Majesty's Government are following these with close attention.

Colonel Crosthwaite-Eyre

Will the Chancellor give an assurance that any negotiations brought to the notice of the Government in which the backing of the Government is asked for, that backing will be given?

Sir S. Cripps

Provided they are reasonable, certainly.