HC Deb 16 November 1926 vol 199 cc1681-2
49 and 50. Colonel WOODCOCK

asked the Chancellor of the Exchequer (1) what amount has been received up to date from each of the Powers in connection with the War;

(2) what are the amounts still due to this country from each of the other countries in connection with the War?

The CHANCELLOR of the EXCHEQUER (Mr. Churchill)

The amounts received by this country on account of War Debts in respect of which Funding Agreements have been signed, and the total of the further amounts in principal and interest to be received under these Agreements over a total period of 62 years are as follow:

Received. To be received.
£ £
France 2,000,000 797,400,000
Italy 4,000,000 270,750,000
Rumania 50,000 31,200,000
Totals 6,050,000 1,099,350,000
As regards War Debts not yet funded and post-War debts I would refer my hon. and gallant Friend to the statement on page 96 of the Finance Accounts, 1925–26 (House of Commons Paper No. 90).

Colonel DAY

What interest is chargeable on these debt services?


That has been taken into consideration.


Are we any more likely to get the bulk of this money than we are to get the money which we allege is owed to us by Russia?


All these debts have been properly funded.