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Mexican Mission To Britain

Volume 409: debated on Tuesday 10 April 1945

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asked the Chancellor of the Exchequer whether he is aware that a Mexican business and financial mission is shortly to visit London; and if he will give an undertaking that no financial facilities will be accorded to the Mexican Government until the latter have made restitution to the British investors who have suffered financial loss as a result of their default.

The answer to the first part of the Question is in the affirmative. I assume that my hon. Friend has in mind the possibility of the grant of loans or credits to the Mexican Government. I understand that the object of the Mission is primarily commercial, and that there is no question of any such facilities being sought. I am, of course, aware of the unfortunate position of British holders of Mexican Government and Railway Bonds.