HC Deb 23 November 1938 vol 341 c1763W
Sir J. Leech

asked the Prime Minister (1) whether he is aware that the loss of British savings caused by the abolition of over £100,000,000 of ordinary and preference capital in the Anglo - Argentine railways, owing to the unsympathetic action of the Argentine authorities towards foreign capital, has wiped out any benefit to the United Kingdom arising in past years out of the sale to Argentina of coal and railway rolling stock and stores; and what steps he is taking to induce the Argentine Government authorities to revise their policy;

(2) whether he will make it a condition that any extension of the current Anglo-Argentine trade agreement shall take into account the staffing regulations, uneconomic transport rates, and Government competition which obstruct British investments receiving a fair return in Anglo-Argentine transport undertakings?

Mr. Butler

I would refer my hon. Friend to the reply which I gave to my hon. Friend, the Member for Lincoln (Mr. Liddall) yesterday.

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