The Archive · 1940

London, July: 17

'The House of Lords yesterday lengthily debated on the position of British "subjects with -a¢eounts in branches of British. banks in France. 'These subjects had to leave France ina hurry and were not in 9 position to draw out any' of their money.

Chancellor Simon said "he! these were very" hard gases and very dificult to handle. Their hard position was really. HMlustration of the fearful hardships inflicted upon perfectly: innocent people when a country like France was overrun by the enams:

He did" not think' it would be! possible to solve the problem untos was decided to take some appropriate. tegal action for the purpose testing how the matter stood.

could not accept that this is the ibility. of Wis Majesty's Gov-It cannot be said that the British taxpayer ought to be responsible for most unhappy results due tu the onrush of the invasion of Ger= many over the Continent of Europe."

Lord Simon declared control over banks did not mean that the Government undertook all detailed banking business of companies. It meant merely that there were regulations to secure that there should be no trot "tions which might assist the enemy. it The only effectual remedy was surely the remedy of defeating the Germans and thus securing the fruits of tory.—Reuter.

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

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