HC Deb 04 April 1933 vol 276 c1574
46. Mr. LAMBERT

asked the Chancellor of the Exchequer what amount has been paid by Great Britain for War Loan interest in excess of the amounts received in interest and reparations due from other countries?

Mr. CHAMBERLAIN

I assume that my right hon. Friend has in mind payments to the United States of America Government for War Debts. Including the payment of £29,000,000 on the 15th December last, these amount altogether to £355,200,000. Our receipts from foreign War Debts are £71,100,000 and from Reparations £121,300,000, making a total of £192,400,000. These figures include both principal repayments and interest.

Mr. LAMBERT

Will the right hon. Gentleman see to it that in future Britain does not pay more than she receives?

Mr. THORNE

Has the right hon. Gentleman taken into account the thousand millions that were given to France and Italy?

49. Mr. CRAVEN-ELLIS

asked the Chancellor of the Exchequer if he will make representations to the Government of the United States of America that the amount of future payments, if any, agreed in settlement of War debts shall take the form of a short-term credit, without interest, to be placed in this country at the disposition of the United States of America so that, if they so desire, it can be liquidated by the purchase of British goods and services?

Mr. CHAMBERLAIN

It would not be desirable for me to say anything on this matter pending the forthcoming discussions.

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