§ 52. Lieut.-Commander KENWORTHYasked the Chancellor of the Exchequer the names of the Allies to whom it is proposed to lend £36,000,000 during the financial year 1920–21; what is the amount to each; and on what terms will the loan be made?
§ Mr. BALDWINOf the total estimate of £36,000,000, £18,000,000 is in respect of adjustments of War commitments, and all but a small portion of this will be balanced by receipts which will appear as Miscellaneous Revenue; £10,000,000 is for relief loans to Austria and Poland, and the remaining £8,000,000 is a revote of credits allocated this year but not yet actually drawn for reconstruction and relief in Belgium and Central Europe. The exact terms on which the loans will be made are not yet settled.
§ Lieut.-Commander KENWORTHYIs the loan earmarked in any way for relief and reconstruction so that it shall not be used for military purposes?
§ Mr. BALDWINA relief loan obviously cannot be used for military purposes.