Greece.

Oral Answers to Questions — Russia. – in the House of Commons on 20th February 1922.

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Mr. L. MALONE:

34.

asked the Prime Minister whether His Majesty's Government has had before it proposals to permit Greece to obtain credits under the Trade Facilities Act with a British guarantee; and whether, in view of the hostilities between Greece and Turkey and the urgent necessity of concluding peace with the Turkish people and not estranging Moslem sentiment, he will assure the House that no further financial assistance will be given to the Greeks until peaceful relations are established between Greece and Turkey?

Photo of Mr David Lloyd George Mr David Lloyd George , Caernarvon District of Boroughs

In answer to the first part of the question, I understand that the application of the Greek Government is before the Advisory Committee under the Trade Facilities Act. I cannot anticipate the decision of the Committee upon the application. In answer to the second part of the question, there is no intention on the part of His Majesty's Government to make a loan to the Greek Government.

Photo of Mr David Lloyd George Mr David Lloyd George , Caernarvon District of Boroughs

Applications must be made to the Trade Facilities Committee.

Mr. MALONE:

Does the right hon. Gentleman not think that the best way of bringing about peace with Turkey is to put a stop to financial assistance to the Greek Government?

Photo of Mr David Lloyd George Mr David Lloyd George , Caernarvon District of Boroughs

We do not propose to offer any financial assistance to Greece.

Photo of Colonel Josiah Wedgwood Colonel Josiah Wedgwood , Newcastle-under-Lyme

Have we not guaranteed any loans to Greece under the Trade Facilities Act?

Photo of Mr David Lloyd George Mr David Lloyd George , Caernarvon District of Boroughs

We do not propose any Government guarantee except to the extent that the Trade Facilities Act involves it. We have definitely pledged ourselves in the House of Commons not to interfere with the action of the Committee under that Act.

Photo of Mr T.P. O'Connor Mr T.P. O'Connor , Liverpool Scotland

Is it not a condition with regard to the Geek loan that the greater part of the money received shall be spent in this country—

Photo of Mr T.P. O'Connor Mr T.P. O'Connor , Liverpool Scotland

My hon. Friend, the latest Turcophile addition to the Radical party, suggests munitions, but is it not the fact that munitions have been supplied by Allied Powers to the Kemalists, in order to make war on Greece in Asia Minor, thus subjecting the Christians in the Near East once more to butchery by the Turks?

Photo of Mr David Lloyd George Mr David Lloyd George , Caernarvon District of Boroughs

The Trade Facilities Act was passed with a view to promoting British trade, and it was solely to meet the object of the Act that it was possible to consider the application at all, as it might lead to orders being placed in this country. With regard to the latter part of the question, I can only say that such a statement has undoubtedly appeared.

Photo of Hon. Esmond Harmsworth Hon. Esmond Harmsworth , Isle of Thanet

44.

asked the Prime Minister whether, before sanctioning the loans the Greek Government propose levying in this country, proper guarantees have been accepted with regard to the loan of £15,000,000 made by His Majesty's Government to the Greek Government?

Mr. YOUNG:

I am not aware of any loan of £15,000,000 made by His Majesty's Government to the Greek Government, and accordingly I fear that I do not understand to What the question refers.

Photo of Hon. Esmond Harmsworth Hon. Esmond Harmsworth , Isle of Thanet

How does the hon. Gentleman reconcile that with the reply to a question at the end of 1920, wherein I was told that the British Government have made a loan of £15,000,000 to the Greek Government?

Mr. YOUNG:

If the hon. Gentleman will give me a reference, I will look it up. As a matter of fact no loan of £15,000,000 has been granted to Greece.

Photo of Colonel Josiah Wedgwood Colonel Josiah Wedgwood , Newcastle-under-Lyme

Are we to understand from that reply that the Greek Government do not owe us any money?