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Foreign Loans

Volume 154: debated on Monday 15 May 1922

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asked the President of the Board of Trade whether his Department takes any action, by way of representations or advice to the Foreign Office or to the public, on occasions when loans are sought in this country by nations which are in default; and whether, in the event of inaction for any

price per ton f.o.b. for each period, and the port of destination of the coal exported?

The following is the information asked for:reason in the past, he will consider whether the time has arrived to proceed on the lines indicated?

The answer to the first part of the question is in the negative. As regards the second part, I do not think it falls within the province of the Board of Trade to advise the public in regard to investment in foreign loans.