LEAGUE OF NATIONS LOANS
QUESTION OF FLOTATION SUGGESTION IN COMMONS. (British Official Wireless.) Press Association-By Telegraph—Copyright. RUGBY, April 28. The Financial Secretary to "the Treasury (Major W. E. Elliot) was asked in the House of Commons whether, before acquiescing in the flotation in Britain of loans issued in agreement with Franco under the supervision of the League of Nations, a stipulation would be made that the French Government should allow the French issuing houses to float in Paris League loans in the same proportion as they were floated in Britain. The Minister replied that while Britain gave cordial support to the financial policy of reconstruction, of which these loans formed a part, it was thought best to leave it to the markets o decide as o the placing of foreign loans issued in furtherance of that policy. In the circumstances of the present time be thought the principles suggested would command wide assent, and he would convey them to the Chancellor of the Exchequer.
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Evening Star, Issue 21090, 30 April 1932, Page 13
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164LEAGUE OF NATIONS LOANS Evening Star, Issue 21090, 30 April 1932, Page 13
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