§ 74. Commander BELLAIRS
asked the Prime Minister whether the War Council will consider the desirability of the Allies issuing an emphatic warning that transfers during the War of enemy property to neutrals, whether in bulk or in blocks of shares, especially in shipping, will not be recognised in any arrangements that the Allies may find it necessary to make in the peace terms?
§ Mr. BONAR LAW
His Majesty's Government recognise the importance and value of the suggestions in the question, but do not think it desirable to lay down in public conditions of peace of this nature at present.