§ Mr. N. Macleanasked the Chancellor of the. Exchequer whether he is aware that the Government of New Zealand is now seeking to raise a loan in London and if he is prepared to enter into negotiations 2272W with New Zealand with a view to guaranteeing this loan and thereby assist this Dominion to borrow more cheaply?
§ Sir J. SimonI understand that the object of Mr. Nash's visit to this country is to discuss various questions, including financial questions, with His Majesty's Government in the United Kingdom. Pending conclusion of these discussions it is not possible to make any statement concerning them, but I can say at once that no question of a guaranteed loan arises.