HC Deb 17 June 1937 vol 325 c560
62. Mr. Thorne

asked the Chancellor of the Exchequer whether he can give the House any information in connection with the default in the American debt; and whether he has received any note from the United States about the matter?

Sir J. Simon

I would refer the hon. Member to Command Paper No. 5480 which was issued on Tuesday last.

Mr. Arthur Henderson

Is the right hon. Gentleman aware that there is a widespread feeling in the United States that this country should pay something more than a token sum in respect of this debt, in view of our apparent ability to spend another £300,000,000 a year now?

Mr. Macquisten

Is the right hon. Gentleman aware of the widespread feeling in this country and throughout the British Empire that the Americans ought to pay the debt which some of the States have owed us for the last 50 or 60 years? Were they defaulters?

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