HC Deb 22 November 1926 vol 200 cc27-8
67. Sir F. WISE

asked the Chancellor of the Exchequer if there are any unfunded war debts due to Britain; and, if so, what are they and what are the amounts?

The FINANCIAL SECRETARY to the TREASURY (Mr. Ronald McNeill)

No Funding Agreement has yet been signed in respect of the War debts due to this country by Russia, the Serb-Croat-Slovene Kingdom, Portugal and Greece, nor of the post-War Debts of the Serb-Croat-Slovene Kingdom and Lithuania. The amounts outstanding on 31st March, 1926, are given on page 96 of the Finance Accounts, 1925–6. In round figures these amounts are:

£
Russia 794,500,000
Serb-Croat-Slovene Kingdom (War and post-War) 34,000,000
Portugal 23,500,000
Greece 21,000,000
Lithuania 348,000
As my hon. Friend is aware, the Funding Agreement signed in respect of the French War Debt of £647,000,000 (published as Command Paper 2692) has not yet been ratified by the French Legislature.

The payment of the Relief Debt of Austria (£12,000,000) has been postponed till 1943, and is, therefore, in a separate category.

Colonel WOODCOCK

Has the right hon. Gentleman noticed the statement that an offer to reduce the debt of Portugal has been made by England for £6,000,000, and can lie say whether there is any verification of that statement?

Mr. McNEILL

I should require notice of that question.