HC Deb 16 November 1931 vol 259 cc511-2W

asked the Chancellor of the Exchequer the amount of money lent by British nationals to Germany; how much of it is on short-term loans; how much is repayable at the end of one year or two years, respectively; and whether any steps are being taken by the Government, in association with other Governments or by the League of Nations, to put German credit on a sound footing and to avoid a financial collapse early in 1932?


There are no complete figures as to the amount of money lent by British Nationals to Germany, but the hon. Member will find certain estimates in Annexes V and VI to the Report of the Committee appointed on the recommendation of the London Conference of July, 1931, which was published in a supplement to the "Economist" on 21st August, 1931. In reply to the last part of the question, I would refer to the statement made by my right hon. Friend the Lord President of the Council in the Debate on the Address in 13th November.