HC Deb 10 December 1929 vol 233 c288W
Mr. SMITHERS

asked the Chancellor of the Exchequer what were the dates between which the British Government bought American securities during the War; and what was the total?

Mr. P. SNOWDEN

The bulk of these purchases took place between July, 1915, and April, 1919, but transactions continued on a smaller scale for another two years. The total amount paid was in the neighbourhood of £230,000,000.