HC Deb 13 May 1924 vol 173 cc1147-8
57. Mr. ERSKINE

asked the Chancellor of the Exchequer whether Italy has given any indication as to what she proposes doing in the way of paying either her debt to us or the interest thereon?

Mr. SNOWDEN

His Majesty's Government have received no proposals in this matter from the Italian Government.

Mr. JAMES HOPE

Is there any reason to suppose that Italy would not be unwilling to do her part if she received a lead in this matter from other Allies?

Mr. SNOWDEN

This debt has been outstanding for five or six years at the least, and during a good part of that time hon. Members opposite were in power, but they do not appear to have taken any steps in the direction indicated by the hon. Member.

Mr. HOPE

Does the right hon. Gentleman forget the Note sent by Lord Balfour in this connection?

Mr. PENNY

Has the right hon. Gentleman made any representation from the Labour Government to the Italian Government?

Mr. SNOWDEN

It is not my duty to make direct representations to the Italian Government in this matter or any other matter.

Mr. SAMUEL

What is the good of carrying on these debts in the Treasury accounts presented with the Budget unless the right hon. Gentleman thinks there is some chance of getting the money from them?

Mr. SNOWDEN

I certainly hope that there is a chance of receiving payments.