§ 68. Mr. TILLETTasked the Chancellor of the Exchequer the total amount of interest paid annually on the National Debt?
§ Mr. BALDWINFull details of the interest paid on the National Debt are given in the annual Finance Accounts. The Budget Estimate for the current year is £335,000,000.
§ Mr. W. TH0RNEIs the full amount of the debt and interest we owe to America included in that statement?
§ Mr. BALDWINYes, but my hon. Friend will remember that the full amount of interest on the American debt is not payable until next year.
§ Mr. THORNEThen will the full weight come on us next year?
§ Mr. BALDWINYes.
§ Mr. THORNELook out for taxation in that case!