§ 41. Colonel WOODCOCKasked the Chancellor of the Exchequer the total amount received in respect of Allied war debts to this country since 1st April, 1927; and the total amount paid by Great Britain during the same period?
§ Mr. CHURCHILLSince 1st April, 1927, this country has received £5,700,000 in respect of Allied war debts and £10,050,000 in respect of reparation. The total amount we have paid during the same period in respect of the war debt to the United States Government is £32,844,755, including the payment of £19,000,000 which is being made to-day. I would add that during the remainder of the financial year, a further £5,000,000 should be received in respect of Allied war debts and a further £4,500,000 in respect of reparation, while no further payments to the United States are due during the year. Thus the total payments for the year will be about £33,000,000, and the total receipts about £25,000,000.