HC Deb 22 June 1925 vol 185 cc1085-6
77. Colonel WOODCOCK

asked the Chancellor of the Exchequer what is the amount of the half-yearly interest amortisation payments of the following five nations: Great Britain, Poland, Finland, Lithuania, and Hungary, who funded their debts to the United States?

Mr. GUINNESS

As the answer contains numerous figures I will, with the hon. and gallant Member's permission, circulate it in the OFFICIAL REPORT.

Following is the answer:

The payments to be made by Great Britain to the United States Government in the year 1925 are as follows:

— Interest. Amortisation of Principle. Total.
$ $ $
— 136,620,000 24,000,000 160,620,000

I have no official knowledge of the amounts due from other countries, but I believe them to be approximately as follows:

$ $ $
Poland 5,310,750 950,000 6,260,750
Finland 267,300 47,000 314,300
Lithuania 180,450 30,000 210,450
Hungary 57,882 9,800 67,682

There is no half-yearly payment for amortisation, the sums given above being paid in one sum, in the case of Great Britain in December. The annual interest shown above is paid in two half-yearly sums, in June and December.