48. Lieut. - Colonel HOWARD-BURY asked the Chancellor of the Exchequer the total amount that has been received by this country from Allied countries in repayment of War Debts up to the present; and what amounts have been paid to the United States over the sam
§ Mr. CHURCHILLThis country has received up to the present approximately £10,000,000 from Allied Governments in respect of War Debts and has paid approximately £135,500,000 to the United States Government.
§ Lieut.-Colonel HOWARD-BURYCan the right hon. Gentleman say if, in the future, we ever get an excess of receipts over payments, this £120,000,000 will be allowed to be counted under the Balfour Declaration?
§ Mr. CHURCHILLYes, that is specifically stipulated.
§ Lieut.-Commander KENWORTHYCan the right hon. Gentleman say the total amount received from reparations? It would be very interesting.
§ Mr. CHURCHILLNot without notice.
§ 49. Lieut.-Colonel HOWARD-BURYasked the Chancellor of the Exchequer whether he has yet obtained the correct version of the statement with regard to Inter-Allied Debts, made recently by the Secretary to the United States Treasury?
§ Mr. CHURCHILLYes, Sir. I have just received the full text of Mr. Mellon's letter to the President of Princeton University and am at present engaged in considering it.
§ Lieut.-Colonel HOWARD-BURYMay I ask whether the statement made by the Secretary to the United States Treasury is correct, that we are already receiving more from Germany than we are paying out to the United States?
§ Mr. CHURCHILLI think probably it would be better if I circulated the actual text of the letter.