Referring to the question of a British loan to China, Mr. Butler stated that the British' Government was fully alive to the serious responsibility imposed upon it as a consequence of supporting the resolution passed on February 2 this year.
'A number of proposals had been submitted by the Chinese Government tothe Export Credits Guarantee Department, and these were now being considered, The Department, Mr. Butler added, would deal with them in exnetly the same way as it had dealt with applications from elsewhere for export credits in the past, Mr. Morgan Jones, Labour mem: ber for the Caerphilly Division of Glamorganshire, intervening at this Point, asked how the Export Credits Guarantee Department could work fon these lines, if the dimeully was security for loans, Mr. Butler replied that some proposals had been rejected for reasons for which they could not be held responsible, Others, he said, were still under consideration, and the British Government was open to receive any others that the Chinese Government felt that they wished to submit.
Text read from the printed page and cleaned; old type leaves the occasional error.