§ 63. Colonel WEDGWOODasked the Chancellor of the Exchequer whether, owing to our inability to export gold to America in payment of our debt, he will make inquiries as to whether America will take payment in other ways in other goods, valuables, or services?
§ Colonel WEDGWOODAs we shall be quite unable to pay in gold next December, when the debt becomes due, is it not worth while considering whether we could not pay in goods, which we can produce and are anxious to produce in this country?
§ 75. Brigadier-General SPEARSasked the Chancellor of the Exchequer whether he is aware that a number of states of the United States of America have defaulted on their bonds held by British citizens to an amount which, with interest to date, amounts to nearly £100,000,000 sterling; will he bring these facts to the attention of the United States Government when the question of the next payment by Great Britain of her debt to the United States of America is discussed; and will he consider acquiring these bonds and setting off the sum due on them against the amount due to the United States by Great Britain?
Sir F. HALLDoes not my right hon. Friend think that, in the event of our not receiving full reparations from other countries, this gives food for thought with regard to paying the United States?