HC Deb 05 February 1931 vol 247 c2102
83. Sir L. WORTHINGTON-EVANS

asked the Chancellor of the Exchequer whether the sum of £1,110,000 transferred from the Exchange account to the Exchequer, or any part of it, was included in the receipts estimated in his Budget; and whether it is intended to make any further transfers in this financial year?

Mr. P. SNOWDEN

The answer to the first part of the question is in the affirmative. As regards the second part of the question, the Exchange account has surplus assets amounting to about £3,000,000 which are available as miscellaneous revenue this year.

Sir L. WORTHINGTON-EVANS

Does the right hon. Gentleman intend to use it as miscellaneous revenue?

Mr. SNOWDEN

I cannot answer that question.

Mr. ARTHUR MICHAEL SAMUEL

There is a large capital sum of £33,000,000.

Mr. SNOWDEN

It is quite evident that the hon. Gentleman does not understand it. There is a capital sum and interest on the capital.

Mr. SAMUEL

Is the right hon. Gentleman aware that he will find the £33,000,000 Exchange capital sum in the Appropriation Account just published?

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