§ 47. Sir FRANK SANDERSONasked the Chancellor of the Exchequer if he can state the approximate amount of loans borrowed from British investors by some of the States of America during the last century which were ultimately repudiated; and what would be the amount due to-day if calculated upon a three and a-half per cent. per annum basis?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Duff Cooper)I would refer my hon. Friend to the answer given to the hon. Member for Colchester (Mr. Lewis) on 24th April.