§ 8. Captain PETER MACDONALDasked the Secretary of State for Foreign Affairs whether he can give the House any further information as to the progress of negotiations in relation to the United States of America's proposal for the postponement of inter-governmental debt and reparations payments?
§ Mr. DALTONAs the hon. and gallant Member will be aware, negotiations are now proceeding, but my right hon. Friend is not in a position to make any statement at present.
§ 67. Mr. HAMMERSLEYasked the Chancellor of the Exchequer if he will give a comparative table showing the effect of the acceptance of the Hoover debt holiday compared with the effect of a moratorium of conditional payments under the Young plan?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Pethick-Lawrence)It would be premature to attempt to give any precise figures as to the effect of the acceptance of President Hoover's proposal until the technical arrangements required to carry it out have been finally settled.