58. Captain BENNasked the Chancellor of the Exchequer whether it is in the power of the German Government to vary, without the consent of the British Government, the amount of the levy made upon the Association of Exporters in accordance with the terms of the White Paper No. 2384?
59. Captain BENNasked the Chancellor of the Exchequer whether he can state., for the latest convenient date, the amount received under the new scheme for German reparation recovery; and the amount transferred to the British Treasury?
Mr. GUINNESSIn view of the fact that, as the Chancellor of the Exchequer stated on the 7th April, the German Reparation (Recovery) Act has recently yielded a sum in excess of the British share of reparation receipts, it was arranged that the former method of administration should cease on and after the 10th April, but, under Article 2 of the Agreement, payments under the new method of administration only accrue as from the 1st May, 1925. Accordingly, receipts under the new scheme will only commence next month.
60. Captain BENNasked the Chancellor of the Exchequer whether the new agreement replacing the German Reparation (Recovery) Act provides that Great Britain shall recover, to the limit of the fund created by the agreement, the full 22 per cent. of the appropriate sums due under the Dawes annuity, or whether she will only receive 22 per cent. of the amount sanctioned for payment by the Transfer Committee.
Mr. GUINNESSThe payments under the new agreement are subject to the jurisdiction of the Transfer Committee in exactly the same way as all other payments and deliveries in kind under the Dawes plan, including the previous German Reparation (Recovery) Act payments.