ABSTRACT

The British economic foreign policies establishes the conditions in which British investors, producers, and traders may operate. But in addition to determining the conditions of economic activity for private business, the Government of a country has direct interests of its own in which political and economic factors are often closely related. The Government of a great country is a powerful economic organisation, with wider interests than any business corporation. Other politico-economic interests are also related to means of communication, or arise out of the Government's interest in supplies of raw materials, particularly minerals and oil, essential for war purposes. Protection of the interests of British investors in foreign Government bonds is undertaken by the Council of Foreign Bondholders, which operates with Government approval and maintains relations with the responsible ministries. Other financial activities of the Government include its participation whether by guarantee or otherwise in League of Nations loans.