HC Deb 01 July 1925 vol 185 cc2532-3W
Sir F. WISE

asked the Chancellor of the Exchequer the annual amount of the Cyprus Tribute Loan; if it is credited against the payment of £50,000 a year made by the British Government; and, if there is a surplus or cumulative surplus, how is it invested?

Mr. GUINNESS

If, as I assume, the hon. Member is referring to the Ottoman Loan of 1855, I would refer him to the answer given by the Chancellor of the Exchequer on the 3rd March, and by the Secretary of State for the Colonies on the 11th May. The contribution paid by Cyprus is applied to the payment of interest on the loan, and there is at present no surplus.