HC Deb 28 March 1933 vol 276 cc839-40

asked the Financial Secretary to the Treasury the amount owing to Great Britain by Russia as at the commencement of the Soviet regime and that owing at April, 1932; whether the difference is made up entirely of accumulated interest; and what is the anticipated amount of interest due from Russia for the financial year ending 31st March, 1933?


The net amount owing to Great Britain by Russia as at 31st March, 1918, was £508,122,000; the net amount owing as at the 31st March, 1032, was £1,006,480,000. The difference consists in accumulated interest after allowing for credits given in respect of gold surrendered by Russia to Germany under the Treaty of Brest-Litovsk and received by this country under Article 259 (6) of the Treaty of Versailles, and other miscellaneous credits. The net amount due including interest as at 31st March, 1933, will be £1,058,973,000.