HC Deb 17 March 1958 vol 584 cc906-7
22. Mr. Teeling

asked the Secretary of State for Foreign Affairs what further information he has concerning the possibility of an out of court settlement for compensation for the shareholders of the Anglo-Argentine Tramways; and what intimation he has received of the extent to which the company would be prepared to accept this and to accept Her Majesty's Government's good offices to help bring it about.

Mr. Ian Harvey

The Argentine Government have not replied to the memorandum which the company submitted in February, 1957, stating its willingness to enter into negotiations for an out of court settlement. Her Majesty's Government have supported the representations made by the company and will continue to give all the assistance they reasonably can.

Mr. Teeling

In view of the fact that there has been some misunderstanding in the Argentine as to whether the company was prepared to settle out of court, and in view of the fact that all through the year the company has been making it clear that it wants this to happen, will my hon. Friend realise how grateful the company will be for the Government's powerful support in clarifying the situation?