Loan.

Oral Answers to Questions — Genoa Conference. – in the House of Commons on 29th March 1922.

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Mr. L. MALONE:

10.

asked the Under-Secretary of State for Foreign Affairs, whether proposals for a Greek loan are again to be put before the Trade Facilities Committee; and whether, directly or indirectly, His Majesty's Government intend to give any guarantee of financial assistance?

Photo of Mr Edward Young Mr Edward Young , Norwich

No proposals for a Greek loan are now before the Trade Facilities Act Advisory Committee, and the remainder of the question does not, therefore, arise.

Mr. MALONE:

Is it a fact that the British Government have signed an agreement with the Greek Government releasing certain Greek revenues as security for a loan?

Photo of Mr Edward Young Mr Edward Young , Norwich

The Government at some date in the course of last year—I am not sure of the date—agreed to the Greek Government assigning certain securities for a loan.

Mr. MALONE:

Did we stipulate that the money should not be used against the Turks?

Sir J. D. REES:

Will the Government be informed if any such application is made? Will they be kept posted?

Photo of Mr Edward Young Mr Edward Young , Norwich

If the hon. Member refers to applications to the Trade Facilities Committee, yes; undoubtedly that would be brought to the attention of the Treasury.