§ Colonel GRETTONasked the Lord Privy Seal if the Government have given their sanction or authority for the issue of a loan by the Greek Government; and if the Government have given any guarantee or used any pressure to facilitate the issue of such a loan?
Mr. YOUNGThe sanction or authority of the Government is not required for the issue of loans in the London market: and the answer to the last part of the question is in the negative. Under an agreement of Feburuary, 1918, until certain advances made during the War were repaid, security could not be assigned by the Greek Government for new foreign loans without the consent of His Majesty's Government, which has been given.