§ 47. Mr. MORLEY
asked the Chancellor of the Exchequer if, in view of the present financial situation, he will consider a 10 years moratorium in the payment of debt interest and obligations to the United States of America?
§ Mr. MORLEY
Will the hon. Gentleman consider the advisability of attempting to secure a revision of the debt settlement with the United States of America on terms more favourable to this country?
§ Mr. PETHICK-LAWRENCE
My hon. Friend's optimism, I imagine, arises from the fact that he has never been in the unfortunate position of a debtor.