| Description | The company concerned about the security of its peseta deposit with Anglo South American Bank (AngloSam). Ways of supporting AngloSam considered by HM Government (HMG), including UK government guarantee of company's deposit, or direct UK government borrowing of pesetas from the Company's associate Canadian and General Finance Corporation. Corporation's terms for a loan to HMG unacceptable to HMG. Events summarised 16 Sep 1943, folio 47. Draft agreement proposed by HMG rejected by Canadian trustee. Company then made substantial withdrawals from AngloSam, so curtailing United Kingdom (UK) peseta purchasing in Spain. |