§ 31. Captain CAZALETasked the Chancellor of the Exchequer the total estimated receipts for the next five years from the war debt settlements and reparations which will accrue to this country?
§ Mr. CHURCHILLOn the basis which has been settled, the amount, assuming the transfer in full of the Dawes annuities, should be in the region of £190,000,000.
§ Captain CAZALETDoes the amount of these receipts in any one year equal the amount which we pay to America?
§ Mr. CHURCHILLNo; having regard to what we have paid previously and the interest on that, the position is markedly to our disadvantage.