Oral Answers to Questions — Trade and Commerce – in the House of Commons at on 19 May 1936.
asked the President of the Board of Trade whether he will terminate the subsidies to Argentine agriculture conferred by the Roca Agreement, seeing that a revenue yield of less than 2 per cent. arises from the nominal amount of Anglo-Argentine investments, and that much of this yield fails to reach Great Britain as goods, services, or cash?
My hon. Friend is under a misapprehension. The Roca Agreement does not deal with subsidies to Argentine agriculture. The position of British companies is not being overlooked in the present discussions with the Argentine Government.