HC Deb 16 November 1926 vol 199 cc1682-3
51. Colonel WOODCOCK

asked the Chancellor of the Exchequer what is the total amount now owing by this country to the United States?

Mr. CHURCHILL

The capital amount of the British Debt to the United States Government now outstanding is $4,530,000,000 (about £932,000,000). The total amount of the payments for interest and redemption which have still to be made in the remainder of the 62 years' period under the Debt Funding Agreement is £2,170,000,000. In addition to the debt to the United States Government there are outstanding loans raised in the American market amounting to approximately $174,000,000, mostly carrying 5½ per cent. interest.

Mr. THURTLE

In replying to these questions will the right hon. Gentleman be very careful with the dots?

58. Sir F. WISE

asked the Chancellor of the Exchequer if any of the gold credits in the United States of America have been used by the Government?

Mr. CHURCHILL

No, Sir.