Regarding the question of a loan to China, Lord Halifax said that there was uncertainty whether the loan would achieve its object of maintaining the Chinese currency during the war.
He assured the House that the During the last few days, there had been certain contacts between the British and German Governments which the British Government warmly welcomed, and which led them to hope that a peaceful means would be found to an agreed solution.
"Since we are pressing the Czech Government to be generous and conciliatory," Lord Halifax stated, "we are confidently relying on Germany to give similar advice where she may, with a view to avoiding a deadlock, the consequences of which might be incalculable.
"I feel bound to say bluntly that public opinion in this country would quickly declare itself against any action, which, whether obstructing a reasonable compromise or rendering impossible its fair consideration, might imperil a settlement, and jeopardize European peace," Lord Halifax declared.—Reuter.
Government would be entirely ready to consider other proposals on the lines of export credits on their merits.
There was manifested at the Brussels Conference, Lord Halifax concluded, a general desire to offer good services if and when these appeared hopeful.
The Government were entirely ready to contribute their efforts whenever they could see hope—ot which he did not see much today— of profitable results.
In the earlier stages of the debate, Lord Snell asked whether the Government's decision regarding the proposed China loan was final, whether it might be reconsidered, or any alternative help such as the expansion of export credit facilities granted.
The Marquis of Crewe said that it seemed to some of them that the mere fact that the China k could Lord Perth Leaves Rome on Vacation Rome, July 28.
The fact that Lord Perth, British Ambassador to Italy, is leaving on Sunday on holiday is interpreted in official circles here as indicating that there is no expectation of the Anglo-Italian Agreement being ratified. before October at the earliest.
It also appears to indicate clearly that neither the British nor the Italian Governments expect any grave developments in the situation between now and the autumn, the same circles agd.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.