§ Sir N. Grattan-Doyleasked the Prime Minister whether he will make it clear to the German Government, in any discussions about Anglo-Austrian debts, that 867W an Austro-Anglo-German exchange clearing can, if necessary, be put into operation by His Majesty's Government?
§ Mr. Butler:I trust that the negotiations on this subject will reach a satisfactory conclusion. It would be premature to consider the situation which would arise in the event of failure to reach an agreement.