§ Mr. RHYS DAVIESasked the Chancellor of the Exchequer whether his attention has been called to the large sums of money going out of this country by way of loan, even to countries like Brazil, which has often defaulted in its undertakings; and whether some official announcement can be made for the benefit of small investors, who cannot afford to lose their savings, that they are running considerable risk in these doubtful cases?
Mr. YOUNGI think it would be highly undesirable that the Government should undertake to pass judgment on the quality of new capital issues offered to the public. I must not be taken as in any way agreeing with the implication in the question that particular issues recently made are of doubtful security.