§ Mr BRIANTasked the Chancellor of the Exchequer what is the total amount of interest due to America from this country on war loans and unpaid to date?
§ Major ENTWISTLEasked the Chancellor of the Exchequer what amount of war debt it is proposed to repay to America in the autumn; and what is the amount of interest due from this country to America on war loans in respect of the current year?
Mr. CHAMBERLAINFollowing upon larger reductions already made, we have paid off since 1st April about 15,175,000 dollars of Treasury Bills in New York, and the British and French Governments have announced their intention to repay at maturity in October the Anglo-French loan of 500,000,000 dollars, of which our share is 250,000,000 dollars. I cannot2400W make any statement as to possible further repayments at present. The amount of interest on the debt due to the United States Government, accrued in the period from May, 1919, the date of the last payment, to June, 1920, is 245,500,000 dollars, and the amount for the financial year 1919–20 about 210,000,000 dollars.