§ 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?
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?