HC Deb 17 March 1931 vol 249 c1857
49. Mr. WISE

asked the Chancellor of the Exchequer whether any steps have been taken in the last six months by His Majesty's Government with a view to the revision of war debt and reparation payments, having regard to the effect of the drop in commodity prices in increasing the burden of such payments in comparison with that contemplated at the time the debts were incurred or agreements made for their liquidation?

Mr. PETHICK - LAWRENCE

The answer is in the negative.

Mr. WISE

In view of the increasing burden of these payments, and the obstacle they offer to international trade, do the Government propose to take any initiative in the matter?

Mr. PETHICK-LAWRENCE

That is a point which I have already answered.

Mr. WISE

I asked whether the Government had taken any steps to inquire, and I am now asking whether they have taken any initiative?

Mr. PETHICK-LAWRENCE

I cannot add anything to the answer which I have given.