HC Deb 05 May 1927 vol 205 c1752
28. Mr. H. WILLIAMS

asked the Chancellor of the Exchequer which Allied Governments made the loans referred to on page 5 of the Financial Statement amounting to £135,700,000; whether any interest is being, or has been, paid on these loans; and whether they are all likely to be set off against loans made to the same Governments?

Mr. CHURCHILL

I would refer my hon. Friend to page 81 of the Finance Accounts, 1925–26 (Command Paper No. 90); Article 7 of the French War Debt Agreement (Command Paper No. 2692) and Article 7 of the Italian War Debt Agreement (Command Paper No. 2580). Interest is not paid on these sums.