§ Mr. HARRY HOPEasked the Under-Secretary of State for Foreign Affairs when the procedure for the collection of enemy debts is likely to be in working order, and if firms in this country can reckon on receiving in a short time the money which is due to them; and whether interest and, if so, at what rate will be added to sums outlying and due?
§ Sir A. GEDDESI have been asked to answer this question. The clearing offices for the settlement of debts between this country and Germany will be established as early as possible in accordance with the provisions of the Treaty of Peace. In2140W terest is payable at 5 per cent. per annum except in cases where by contract, law, or custom, the creditor is entitled to interest at a different rate.