Oral Answers to Questions — Royal Navy. – in the House of Commons at on 2 May 1923.
asked the Under-Secretary of State for Foreign Affairs if he is aware that the Serbian Government has contracted a loan of 300,000,000 francs with France for the purchase of war material to be furnished by French armament firms; and whether any arrangement has been discussed between His Majesty's Government and the Serbian Government in regard to the repayment of the Serbian debt to this country or for the payment of any interest thereon?
My hon. Friend understands that negotiations have for some time been proceeding between the French and the Serb-Croat-Slovene Government, but he has no information that a loan has actually been concluded. In regard to the second part of the hon. Member's question, the Serb-Croat-Slovene Government have been asked to deposit interest bearing Treasury bills for their debt to this country.