§ 52. Sir JOSEPH WALTONasked the Chancellor of the Exchequer the payments received up to date and from whom, either in the shape of interest or repayment of principal, in connection with the £1,700,000,000 of loans to our Allies and Dominions; what further payments are expected before the end of the current financial year; and whether these have been taken into consideration in framing the Estimates of the present Budget?
§ The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)The total amounts received from the Dominions are approximately £27,000,000 and from the Allies, approximately, £12,000,000. These figures are exclusive of the adjustment under the special arrangements mentioned in the Budget speech whereby £80,600,000 was set off between the Imperial Government and the Dominion Government of Canada. I should add that the greater part of these sums are payments for interest by the Dominions. No regular payments are at present made by the Allies. The estimated amount of receipts for 1919–20 is approximately £8,500,000, the greater part of which arises from interest payments by Dominions.