HC Deb 18 November 1937 vol 329 cc577-8
69. Mr. A. V. Alexander

asked the Chancellor of the Exchequer the total amount included in the National Debt on account of the Exchange Equalisation Account on 1st November, 1935, 1st November, 1936, and 1st November, 1937, respectively?

Sir J. Simon

The amount included in the National Debt in respect of borrowings to meet issues to the Exchange Equalisation Account on 1st November, 1935, and 1936, was £350,000,000, the amount authorised by the Exchange Equalisation Account Act, 1933. The amount on 1st November, 1937, was £550,000,000, as authorised by the Exchange Equalisation Account Act, 1937.