§ Mr. MOREINGasked the Secretary of State for Foreign Affairs whether any progress has been made towards obtaining payment of arrears of interest and amortisation due to British bondholders in the Tientsin-Pukow Railway?
§ Sir S. HOAREAs my hon. Friend will be aware, an arrangement was made whereby the Railway Administration was to make payments into a Special Reserve Account in order to liquidate arrears of interest and amortisation. Payments under this arrangement are considerably in arrear, but the funds so far transferred have permitted the payment of three interest coupons. His Majesty's Ambassador in China has lost no opportunity of pressing the Chinese Government in the matter. Similar action has recently been taken by Sir F. Leith Ross, and I am informed that the Chinese Government have the question under serious consideration.