HC Deb 19 February 1931 vol 248 cc1446-7
68. Mr. POTTS

asked the Chancellor of the Exchequer the amount of reparation payments by Germany under the Dawes scheme for the years ended 31st August, 1929, 1930, and to the latest available date since August, 1930, expressed in British values, showing each, separate payment applicable to the British Empire, Army of Occupation, Reparation Recovery Act, and cash transfers, respectively?


As the answer is long, and contains many figures, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.

Following is the answer:

The receipts of the British Empire in respect of German Reparation from 1st September, 1930, to 15th February, 1931 (inclusive), were as follows:

Sums received partly in sterling and partly in U.S.A. dollars:
(i) Through the Reparation Recovery Act procedure 4,680,500
(ii) By Cash transfer 4,309,700
(iii) Receipts from France, Italy and Belgium under The Hague Agreements in completion of United Kingdom Share in German payments 706,300

This sum was disposed of as follows:
To Great Britain for reparation 8,022,100
To the rest of British Empire for reparation 1,259,100
Service of German 5½ per cent. Loan, 1930 406,700
Retained by the Bank for International Settlements as remuneration 8,600

For statements as regards the years ended 31st August, 1929, and 31st August, 1930, I would refer the hon. Member to replies given to the hon. Member for the Eastbourne Division on the 14th November, 1929, and to the hon. Member for Cambridge Borough on the 9th December, 1930.