§ Sir H. Webbeasked the Chancellor of the Exchequer whether he will take steps to secure that part of the sterling balances standing to the credit of the Argentine and 2482W other South American Governments are applied in discharge of the obligations to British stock holders and bond holders who have lent their money for the development of these countries.
§ Mr. DaltonThe existence of sterling balances may, in appropriate cases, facilitate the ultimate settlement of British claims on foreign debtors by eliminating some of the difficulties of transfer, and full weight will be given to this factor in negotiations with the countries concerned.