HC Deb 22 September 1931 vol 256 c1460
61. Mr. McSHANE

asked the Chancellor of the Exchequer whether, in the recent credits given to Britain, any conditions, political or economic, were imposed?

Mr. P. SNOWDEN

No, Sir.

Mr. W. J. BROWN

Arising out of that answer—

Mr. SPEAKER

It is difficult. to see how anything can arise out of "No."

Mr. BROWN

I desire to ask the Chancellor of the Exchequer, arising out of his answer "No," how he squares that answer with the statement made by the Prime Minister yesterday that a reduction of the cut in unemployment benefit was impossible because of the conditions of borrowing?

Mr. McSHANE

Is the right hon. Gentleman aware that two weeks ago certain French newspapers were declaring that there were political conditions attached, particularly in regard to disarmament?

65. Dr. MARION PHILLIPS

asked the Financial Secretary to the Treasury to whom the commission of 1¼ per cent. on the loan of $200,000,000 obtained in the United States of America and on the 2,500,000,000 francs in France is to be payable?

The FINANCIAL SECRETARY to the TREASURY (Major Elliot)

This is payable to the participating banks and banking houses in the United States and France, respectively.