The Archive · 1938

Export Credit Facilities Explained

London, Mar. 3.

O guarantee at the expense of the given for the promotion of additional imports into Italy, gun taxpayer would be stated Sir John Simon, Chancellor of the Exchequer, at question time in the House of Commons this afternoon.

He added that no loan to the Italian Government had been contemplated or asked The "Daily Herald" to-day persisted in its reports that Sig. Benito Mussolini has evolved a new Ethiopian settlement plan under which he will request the Emperor Haile Selassie formally to cede Ethiopia to Italy in exchange for appointment as ruler of a large section of the country. The paper says that the Ethiopian Negus would have a status similar to that of an Indian Prince, ruling under an Italian viceroy.—United Press. for.

Asked for assurance that there would be no such loan, Sir John Simon replied, *No such loan has been asked for and I have no reason to suppose that it will be asked for."

Text read from the printed page and cleaned; old type leaves the occasional error.

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