HC Deb 04 May 1933 vol 277 cc992-3
26. Mr. LAMBERT

asked the Chancellor of the Exchequer the amount of the expenses of the conversion of the War Loan to be deducted from the increase in the nominal debt of £211,000,000 for the year 1933?

Mr. CHAMBERLAIN

As I stated in my Budget Speech, the increase included £23,175,000 on account of the expenses of War Loan Conversion.

Mr. LAMBERT

Can the right hon. Gentleman say what is the net nominal addition to the Debt, excluding and independent of the Loan Conversion and the Equalisation Account?

Mr. CHAMBERLAIN

I do not like to trust my memory in regard to the figure, but I can send it to my right hon. Friend.

Mr. THORNE

Has the right hon. Gentleman any reason to believe that those who are handling this question are charging more than trade union rates?