HC Deb 19 November 1931 vol 259 c1005
79. Mr. LAMBERT

asked the Chancellor of the Exchequer what was the amount in sterling of recent British borrowing in France and America; and whether any portion of these loans has been repaid?

Mr. CHAMBERLAIN

The two Treasury credits were for the approximate equivalent of £40,000,000 each in francs and dollars. As regards the credits granted to the Bank of England by the Bank of France and the Federal Reserve Bank of New York, I would refer the hon. Member to the statement which has already been published, and of which I am sending him a copy.

Mr. LAMBERT

Could the right hon. Gentleman give me an answer to the last part of the question, and say whether any portion of these loans has been repaid?

Mr. CHAMBERLAIN

I think my hon. Friend will find that information in the answer.

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