HC Deb 10 June 1931 vol 253 c1005
46. Captain P. MACDONALD

asked the Prime Minister whether he will consider calling a conference of the Powers interested in international settlements with a view to the mutual cancellation of obligations on the largest possible scale?

The PRIME MINISTER

The attitude of this country in regard to War debts is well-known and action on the lines suggested would not, in present circumstances, serve any useful purpose.