HC Deb 22 February 1927 vol 202 cc1582-3
52. Lieut.-Colonel HOWARD-BURY

asked the Chancellor of the Exchequer whether he can state the sums that are due for payment by this country to the United States for War debts in 1927 and 1928; what is the sum total that has already been paid; and what amount remains yet to be paid?


The sums due to the United States Government in respect of the British War Debt in 1927 and 1928 (at par of exchange) are £32,900,000 and £33,200,000 respectively; the total sum already paid (taking the actual sterling cost of dollars) is £213,500,000. The amount remaining yet to be paid (at par of exchange), including the sums due in 1927 and 1928, is £2,150,000,000.


Can the right hon. Gentleman say what is the correct amount owing by the various individual States of the United States to British nationals which has beer. repudiated?


No, certainly not without notice, and even then it would be a very questionable field to embark upon.