HC Deb 14 October 1915 vol 74 c1484W

asked the Chancellor of the Exchequer whether he intends to introduce legislation to prevent British subjects or corporations from purchasing holdings in the recently arranged American Loan in order to fully secure the objects for which the Loan was arranged?


The Treasury have already issued a notice to the Press pointing out the undesirability of persons or firms in the United Kingdom subscribing to or purchasing the Anglo-French Loan, and, having regard to this appeal and to the circumstance that dealings in the Loan will not be allowed on the Stock Exchanges, I do not think that it is necessary to introduce legislation.