CREDITS TO GERMANY
INQUIRIES IN HOUSE OF COMMONS (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, April 30. (Received May 1, at 1 p.m.) The Chancellor of the Exchequer was asked in the House of Commons whether he was aware that several banks had granted to German borrowers short-term credits outside the stand-still agreement, and whether in view of the fact that such credit transactions procured additional foreign exchange resources, enabling the German Government to increase its raw material imports for rearmament, he would discourage the granting of new credits to German borrowers.
Mr Chamberlain replied that he was not aware of any such credits. He could, however, assure the House that the question had not been overlooked, and was ever present in the minds of the appropriate authorities. He had no reason to believe that the banking community as a whole was acting other than in accordance with the general feeling of the House.
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Evening Star, Issue 22327, 1 May 1936, Page 9
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154CREDITS TO GERMANY Evening Star, Issue 22327, 1 May 1936, Page 9
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