HC Deb 08 July 1918 vol 108 c31
45. Mr. PETO

asked the Prime Minister whether His Majesty's Government have decided to demand the surrender of enemy mercantile tonnage to the Entente Powers proportionate to the tonnage of their mercantile fleets sunk by enemy submarine; and whether this is now to be officially included in the war aims of the Entente Powers?

Mr. BONAR LAW

I do not think that in the present stage of the War any useful purpose can be served by discussing possible terms of peace.