§ 56. Mr. Keelingasked the Secretary of State for Foreign Affairs what decision was reached at the meeting of the Anglo-Italian Economic Committee in Rome as to the obligations of the Italian Government in respect of the Austrian 4½ percent, guaranteed loan.
§ Mr. Ernest DaviesI am glad to be able to confirm, as announced in the Press at the conclusion of the meeting of the Anglo-Italian Economic Committee, that the Italian Government have undertaken to pay all the amounts due under their guarantee in respect of arrears of service of the Austrian Government Guaranteed Conversion Loan 1934–1951. I understand that payment is to be made early in February.
§ Mr. KeelingDoes that include not only the interest but the amount due on redemption?
§ Mr. DaviesYes, Sir.