SOVIET BANKER’S CLAIM
BUSINESS IN BRITAIN British Official Wireless - Reed. Noon. RUGBY, Monday. Sir Austen Chamberlain, the Foreign Secretary, replying to a question wi the House o£ Commons, made a statement regarding the declaration of M. Piatakov, the president of the Soviet State Bank, that if a satisfactory financial programme could be reached, orders amounting to £150,000,000 could easily be placed in Britain. Sir Austen said: “By ‘the satisfactory financial programme,’ M. Piatakov appears to have explained that he meant an agreement for a guarantee on the lines of the draft treaty of 1924, properly extended and supplemented. From this it will he seen that the placing of orders in this country is made to depend not only upon the resumption of diplomatic relations between his Majesty’s Government and the Soviet Government, but also apparently upon the granting of extensive credits to that Government. Thus, no satisfaction is offered for the abuses of which the British Government complains, while a demand • is made for the revival of those financial provisions of the 1924 draft treaty, which the British Government declared to be unacceptable.”
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Sun (Auckland), Volume III, Issue 645, 23 April 1929, Page 9
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183SOVIET BANKER’S CLAIM Sun (Auckland), Volume III, Issue 645, 23 April 1929, Page 9
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