§ 58. Mr. LAMBERTasked the Chancellor of the Exchequer what is the total of the payments made by and paid to Great Britain on account of War debts and reparations to the latest available date?
§ Major ELLIOTThe total of the British War debt payments to the United States Government to date is £32(5,200,000. The total of the British receipts from Allied War debts and reparations (including the United Kingdom share of the proceeds of the German Government 5½ per cent. Loan, 1930) is £200,782,000. The deficit (including interest at 5 per cent. on both sides of the account) is about £200 millions.
§ Mr. LAMBERTIf the British Government have had to pay this amount of money for winning the War, how much 539 does the right hon. Gentleman consider that we should have received if we had lost the War?
§ 63. Mr. LAMBERTasked the Chancellor of the Exchequer if arrangements are being made to pay to the United States annuities after the expiration of the Hoover moratorium and also the annuities held up during the suspension period?
§ Major ELLIOTI would refer the right hon. Member to what was said on this subject by my right hon. Friend the Chancellor of the Exchequer in his Budget Speech on the 19th April, and to the reply given yesterday by my right hon. Friend the Secretary of State for Foreign Affairs to the hon. and gallant Member for the Limehouse Division of Stepney (Mr. Attlee).
§ Mr. LAMBERTAre we to understand that no further arrangement has been made for payments to the United States except such as has been stated in this House before?
§ Major ELLIOTYes, Sir, up to the present time.