Skip to main content

Mexico (British Investors)

Volume 245: debated on Monday 24 November 1930

The text on this page has been created from Hansard archive content, it may contain typographical errors.


asked the Secretary of State for Foreign Affairs if he will instruct His Majesty's Minister in Mexico to request the Mexican Government to ratify the agreement made on 25th July last between the committee of bankers and the Mexican Minister of Finance for the liquidation of the Mexican Government debt; and will he request His Majesty's Minister to inform the Mexican Government that His Majesty's Government regards with concern the treatment which £200,000,000 of British savings has received in Mexico during the past 16 years?

As the hon. Member for Farnham (Mr. A. M. Samuel) was informed on Monday last, this agreement has been signed by the Mexican Government, and will, I understand, be brought in due course before Congress for ratification. For the moment, therefore, no further representations seem to be called for. As regards the second part of the question, I can assure the hon. and gallant Member that His Majesty's Minister at Mexico City has lost, and will lose, no opportunity of impressing upon the Mexican Government the desirability of arriving at a settlement of Mexico's outstanding obligations to British subjects and companies.