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Oral Answers to Questions — Germany – in the House of Commons at 12:00 am on 26th October 1949.

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Photo of Mr Thomas Skeffington-Lodge Mr Thomas Skeffington-Lodge , Bedford 12:00 am, 26th October 1949

asked the Secretary of State for Foreign Affairs how many bankruptcies have occurred in Western Germany since currency reform; and whether any arrangements are available through the Allied control authorities for providing credit facilities for newly-established businesses.

Photo of Mr Ernest Bevin Mr Ernest Bevin , Wandsworth Central

In reply to the first part of the Question, this subject is no longer a responsibility of His Majesty's Government. The answer to the second part is in the negative.

Photo of Mr Thomas Skeffington-Lodge Mr Thomas Skeffington-Lodge , Bedford

On a point of Order. May I have your Ruling, Mr. Speaker? If this Question does not come within the purview of my right hon. Friend's Department, why is it that it has been allowed to appear on the Order Paper?

Photo of Mr Douglas Clifton Brown Mr Douglas Clifton Brown , Hexham

I should like to have notice of that.

Photo of Sir Walter Fletcher Sir Walter Fletcher , Bury

Is the right hon. Gentleman aware that the average rate of interest charged for all import and export business in Germany is 8 per cent. to 9 per cent., and that this is likely to provoke inflation and a serious industrial crisis in Germany?

Photo of Mr Ernest Bevin Mr Ernest Bevin , Wandsworth Central

I was not aware that that was the percentage. I am not in the business. I will look it up.

Photo of Mr William Gallacher Mr William Gallacher , Fife Western

Can I ask the Foreign Secretary, even although it is not the business of his Department, if he will show particular sympathy to these bankrupts, in view of the bankruptcy of his own policy?