HC Deb 16 February 1926 vol 191 cc1721-2
64. Sir F. WISE

asked the Chancellor of the Exchequer if the distribution of the 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.