HC Deb 09 May 1927 vol 206 cc39-40
64. Sir FREDRIC WISE

asked the Chancellor of the Exchequer the total amount the United States has received from Germany by way of reparations or otherwise since the Armistice; and what is the amount due for payment from that country?

Mr. McNEILL

The total amount received by the United States in respect of their claims on Germany for reparation and cost of occupation since the Armistice is, approximately, £15,000,000. This excludes the value of German ships and other property in the United States sequestrated by the United States Government during the War. Under the Agreement of 14th January, 1925 (Command Paper No. 2339), the United States are entitled to receive out of the Dawes annuities (a) £2,750,000 a year in priority to reparations from 1st September, 1926, till their outstanding claim for costs of occupation (some £45,000,000) is satisfied, and, (b) 2¼ per cent. of the amount available for reparation proper with a maximum of £2,250,000 a year; the United States Government have received practically the whole amount due to them up to date under this agreement.