§ 82. Mr. WISEasked the Chancellor of the Exchequer if any part of the payment made by Germany on 31st May was deposited in the United States of America; and, if so, what was the amount, and what was the bank?
Mr. YOUNGMy right hon. Friend the Chancellor of the Exchequer is informed by the British delegate to the Reparation Commission that the amount received in dollars from the German 2162 Government up to 31st May was $35,733,000 and since that date the dollar receipts amount to a further $12,000,000, and that these sums were deposited with the Federal Reserve Bank, New York, for the account of the Reparation Commission.
§ 83. Mr. WISEasked the Chancellor of the Exchequer whether the German treasury bills handed to the Reparation Commission were endorsed by the important German banks; and, if so, which of the German banks?
Mr. YOUNGThe answer to the first part of the question is in the affirmative. The banks were the Deutsche Bank, the Bank für Handel und Industrie, the Dresdner Bank and the Disconte Gesellschaft.