24. Captain PETER MAC DONALD
asked the Chancellor of the Exchequer if he is now in a position to make any further statement with regard to the Anglo-American War Debt and the payment which falls due on 15th June?
§ The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)
I would refer my hon. and gallant Friend to the reply which I gave to the hon. Member for Cardiff South (Captain A. Evans) on Tuesday last.
Is the right hon. Gentleman aware that the question was postponed in order to give the Government time to make up their mind? 346 Does he not think it is time they told the American Government most emphatically that, as long as they persist in passing legislation which makes this Government defaulters, they need not expect any kind of payment?
Captain A. EVANS
Is it a fact that in the absence of any statement by the Government this country is regarded as a defaulting nation under the recent Act of Congress?