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Mr. Teeling
asked the Chancellor of the Exchequer what steps he will take to have repaid the £385,100 now outstanding of the City of Constantinople 3½ per cent., formerly 5 per cent., loan of 1909, guaranteed by the Turkish Government, which has now been in default since September, 1947.
Sir S. Cripps
Constant representations have been made to the Turkish authorities and a reply to our latest approach is now awaited.