Estonia, Latvia, Lithuania (British Creditors)

Oral Answers to Questions — Japan – in the House of Commons am 12:00 am ar 12 Ebrill 1948.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr John Boyd-Carpenter Mr John Boyd-Carpenter , Kingston upon Thames 12:00, 12 Ebrill 1948

asked the Secretary of State for Foreign Affairs the value of the assets of the States of Estonia, Latvia and Luthuania and their nationals now held by the Custodian of Enemy Property; and when he proposes to make some of these assets available to meet the claims of British creditors of these States.

Photo of Mr Christopher Mayhew Mr Christopher Mayhew , Norfolk Southern

No exact figure of these assets can be given, but the estimated total is somewhat under £6 million sterling. My right hon. Friend has noted the suggestion made in the last part of the Question.

Photo of Mr John Boyd-Carpenter Mr John Boyd-Carpenter , Kingston upon Thames

Is the Under-Secretary aware that these unfortunate creditors have been waiting now for eight years, and that some of them subscribed to a loan raised under the authority of the League of Nations? Can he give an assurance that early action will be taken?

Photo of Mr Christopher Mayhew Mr Christopher Mayhew , Norfolk Southern

We have noted the hon. Member's suggestion, but I am afraid I am not in a position to make a statement at the present time.