HC Deb 14 May 1936 vol 312 cc553-4

The following Questions stood upon the Order Paper in the name of Mr. THORNE:

58. "To ask the Chancellor of the Exchequer whether the eventual payment of £150,000,000 by means of bonds, as from the year 1935, has been made by the German Government; and whether they have been deposited with the Bank of International Settlement in accordance with the agreement reached at the Lausanne Conference in 1932, when the reparations debts were cancelled?"

59. "To ask the Chancellor of the Exchequer whether Italy has paid the interest, or any of it, on her debt of £3,089,000 since 1932, when the stand-still agreement was reached; the amount of interest per annum paid to the nearest available date; and whether there has been any default, and, if so, for what year or years? "

Mr. THORNE

Can the Patronage Secretary say whether the Chancellor of the Exchequer is engaged on important business?

Captain MARGESSON

My right hon. Friend is engaged on other business. I would ask the hon. Member to allow me to reply to these two questions together.

In accordance with the arrangements made at the Lausanne Conference in July, 1932 (see Command Papers 4126 and 4129), payments in respect of reparations and of War Debts were suspended, and this suspension still remains in force.

Mr. THORNE

I take it that it is no good putting a supplementary question to the hon. and gallant Gentleman.

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