HC Deb 29 September 1931 vol 257 cc178-9
35. Mr. KIRKWOOD

asked the Chancellor of the Exchequer the amount of capital of War Debt owing by France to Great Britain on the 1st September, 1931; the rate of interest payable on that Debt at the same date; the amount of interest which had been paid by France up to that date: and the amount of capital, if any, which had been repaid by that date?

Mr. P. SNOWDEN

The amount of the net War Debt of France to Great Britain as at the date of the Funding Agreement of 16th July, 1926 (Command Paper 2692), was £600 millions. The annuities fixed by the agreement do not distinguish between repayment of capital and interest. The total amount paid under the agreement to date is 243,625,000.