CONFISCATORY MEASURES
NEW CHILEAN DECREES. GRAVE VIEW TAKEN BY BRITAIN. British Official Wireless Service. Rugby, June 13. The grave view taken here of the confiscatory measures outlined in the decrees of the new junta in Chile was expressed by the Under-Secretary of Foreign Affairs, Captain Eden, in reply to questions in Parliament. Captain Eden said decrees bad been issued, firstly, declaring the Central Bank to be a State bank, retiring the shares of Chilian and foreign banks and private industrials at their nominal value, and giving bonds in exchange, suppressing the directorate and arrogating complete control to the junta; and, secondly, similarly taking over all foreign currency deposits in all banks. His Majesty’s Government has not entered into official relation" with the present Government, but the Charge d’Affairs has been instructed to inform them that His Majesty’s Government take a most serious view of these confiscatory measures, and if they are carried through will strongly support a demand for full compensation for British interests affected. In reply to similar representations respecting the protection of British lives and property, His Majesty’s Charge d’Affairs has received an assurance that adequate police protection will be provided for British subjects. CARLOS DA VILA RESIGNS. NEW LEADER APPOINTED. Santiago, June 13. Rollando Medino, Minister of the Interior, has been chosen by the revolutionary junta to fill the place as head of Chile’s new Socialist Government vacated by the resignation of Carlos da Vila.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 154, 15 June 1932, Page 8
Word Count
238CONFISCATORY MEASURES Hawke's Bay Tribune, Volume XXII, Issue 154, 15 June 1932, Page 8
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