HC Deb 10 February 1931 vol 248 cc209-10
57. Captain P. MACDONALD

asked the Chancellor of the Exchequer whether any funds have been left over as a residue of War-time financial operations; and are such resources available for Budget purposes?

Mr. P. SNOWDEN

I would refer the hon. Member to the summarised statement on page 25 of Finance Accounts for 1929–30 and to the detailed statements on pages 32 and 33, from which he will see that there are numerous War-time transactions not yet completely liquidated, the receipts from which are included in the Budget as Miscellaneous Revenue. Apart from Reparations and the Clearing Office, Enemy Debts, the amounts are relatively small.

Captain MACDONALD

Can the right hon. Gentleman say what is the amount?

Mr. SNOWDEN

It is reckoned that out of a sum of £26,000,000, roughly, about £23,000,000 comes from the Reparations and Enemy Debts (Clearing Office).