§ Mr. A. T. DAVIES
asked the Chancellor of the Exchequer what amount of the total expenditure for the nine months of the financial year to 31st December was for the service of the National Debt; and what were the gross liabilities under the National Debt on that, date as compared with the amount on 31st December, 1922?
As shown in the weekly statement published in the "London Gazette," the total expenditure on National Debt services in the 279W nine months ended 31st December, 1923, was—
£ For Interest and Management 270,251,364 For Sinking Fund 31,650,062 £301,901,426
The gross total liabilty for deadweight, debt was approximately £7,804,400,000 (face value) on 31st December, 1923, as compared with a total of £7,879,000,000 (face value) on 31st December. 1922.