§ Mr. RENN1E SMITHasked the Chancellor of the Exchequer if he can give any particulars of a German Budget proposal to compensate those who have lost property as a consequence of the recent currency inflationist period in Germany; and if he has received a Report on the subject from the Reparations Commission?
Mr. GUINNESSNo provision is made in the German Budget, so far as I am aware, for compensation for losses due to the depreciation of German currency generally, but provision is made in the Budget for 1925–26 for the payment of 40 million marks to necessitous holders of German War Loans who were original subscribers to the loans. I understand that the Reparation Commission is following the question closely, but it has not issued any special Report on the matter to the Governments represented on it.