§ 47. Mr. SMEDLEY CROOKEasked the Chancellor of the Exchequer the total indebtedness of Russia to Britain at the end of the last financial year and the amount of interest due for that year; and whether such interest was charged to current exchequer account or added to the total debt?
§ Major ELLIOTThe War Debt of Russia to this country as at the 31st March, 1932, amounted to £1,066,480,000. The amount of interest due in respect of the last financial year was £53,324,000; this amount was added to the capital and is included in the total given above.
§ Sir W. DAVISONWill the right hon. and gallant Gentleman consult the President of the Board of Trade and get a move on with regard to the public and private debts owing to this country by Russia? The country is getting very discontented at the serious delay which is occurring in this matter?
§ Major ELLIOTThis matter is engaging the anxious attention of the Government, but the question of "getting a move on" is a very difficult one.
§ Sir W. DAVISONNot at all.
§ Mr. T. WILLIAMSCan the right hon. and gallant Gentleman say how the total debt of Russia compares with the amount we gave to Italy and France when settling war debts?