§ Sir P. NEWSONasked the Chancellor of the Exchequer whether his attention has been called to the reports that it is proposed to issue a Czecho-Slovakian loan in London; and whether the Government will, as a matter of policy, regard unfavourably those loans placed on the British market by foreign countries whose subjects have not satisfactorily settled their pre-War indebtedness towards British subjects?
Mr. YOUNGI am aware that Czechoslovakia is raising a loan in the London market. The terms on which such a loan is given must, I think, be a matter for the consideration of the lender, and not of His Majesty's Government, who have frequently stated that they do not control or intervene in market loans.