§ Sir N. Grattan-Doyleasked the Financial Secretary to the Treasury whether he will represent to the German Government that they should honour their contractual obligations by restoring the defaulted sinking fund upon the 5½ per cent. German International 1930 (Young) Loan issued in the terms of the Treasury 1930 White Paper by which investors were invited to subscribe to this loan?
§ Lieut.-Colonel ColvilleI do not think that it would serve any useful purpose to make representations upon this matter at the present time. In Article 7 (i) of the Anglo-German Payments Agreement of 1st November, 1934 (Command Paper No. 4726), tae German Government undertook that full interest would be paid on bonds in British ownership on 15th June, 1934, and this undertaking is of course being carried out.