§ 67. Sir E. CORNWALLasked the President of the Board of Trade whether he can state the amount of claims which have been made by British creditors against the property of enemies, estimated at £6,500,000, which has been vested in the Public Trustee by the Court and by the Board of Trade, respectively; and what amount of such claims has been paid?
Mr. HARCOURTThe Public Trustee informs me that he is preparing a statement showing the amount of claims made by British creditors against the property of enemies which has been vested in him, but that it will take some time to complete this statement. The claims already paid by the Public Trustee amount to £149,838 11s. 4d.
§ 68. Sir E. CORNWALLasked the President of the Board of Trade whether he is 41 aware that on the demand of the Public Trustee and his legal advisers the Court has decided that a British creditor of an enemy debtor whose debt was owing at the commencement of the War, and was payable in Marks, should now only receive the present depreciated value of exchange of Marks into sterling instead of the rate of exchange prevailing on the date when the debt ought to have been paid, and that such decision involves a considerable loss to British creditors to the advantage of enemy debtors; and whether he proposes to take any action in the matter.