§ 64. Sir F. WISE
asked the Chancellor of the Exchequer if the distribution of the 1722 first annuity of the Dawes payment conforms to the percentages as arranged at Spa?
§ Mr. CHURCHILL
The Dawes annuities cover not only reparation, to which the Spa percentages apply, but also the other Treaty charges, such as Cost of Occupation, Belgian War Debt, etc. The amounts allocated to reparation under the Agreement of 14th January, 1925 (Command Paper 2339), are distributed in the percentages laid down in the Spa Agreement of 16th July, 1920.