The Archive · 1938

Commons Warned Over German, Austrian Loans

London, July 1, 'A warning sin regard to the pur-lose of Austrian or German loans from foreign holders was given in the House of Commons yesterday by Sir John Simmon, Chancellor of the Exchequer, The statement by the Chancellor was in reply to a question by Mr, M.P, Price, Labour member for the Forest of Dean division of Glouces-Aemhire, who whether, in connection with the Anglo-German negotiations now proceeding, he had received. a request for a reduction the interest rate on the Dawes and Young Loans, Sir John Gimon said he hoped bein a position to make a statement mn regard to the negotiations at a very early date, Meanwhile, he desired fo make' it clear to those' who were buying Austrian or German loans from foreign holders that they did 0 at their own risk,—fReuter,

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

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