BRAZIL’S DEBT.
PROTECTION OF BRITISH CAPITAL. (British Official Wireless.) RUGBY, Nov. 24. The Brazilian Government’s suspension of the remittance of funds designed for the' service of the foreign debt was again the subject of questions in the House of Commons The Foreign Secretary, Mr Eden, said he was awaiting the. report of the British Ambassador at who had been instructed to. urge the reconsideration of the position, particularly in view of the deplorable efI feet such unilateral action had created in London. * ... -r> _ • Notice was given to ask the 1 resident of the Board of Trade if he would prepare a scheme for an Anglo-Bra-2-ilian clearing so that, if the proposals by the Brazilian Government in respect of debt default are not of such a kind as the British negotiators can recommend for acceptance, the AngloBrazilian clearing may be ready for the protection of the £262.00Q.000 of British capital in Brazil listed on the London Stock Exchange;
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 307, 26 November 1937, Page 7
Word Count
157BRAZIL’S DEBT. Manawatu Standard, Volume LVII, Issue 307, 26 November 1937, Page 7
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