§ Mr. WATTasked the Under-Secretary of State for Foreign Affairs whether he is aware that the present national loan of the French Republic, issued in this country with the consent and approval of His Majesty's Government, makes no provision for applications being lodged with any Scottish bank, such application being permissible only through the Bank of England or the Bank of Ireland; will he say whether this arrangement was made with the consent of his Department; and will he in future, in view of the unwillingness of the Scottish people to do business through the Bank of England, make some arrangement whereby the loans of our Ally will be facilitated in Scotland instead of hindered?
§ Mr. McKENNAMy right hon. Friend has asked me to answer this question. His Majesty's Government approved generally of the issue of a loan in this country on behalf of the Government of the French Republic, but they were not responsible for the detailed arrangements made.