HC Deb 01 February 1934 vol 285 cc561-2W

asked the Chancellor of the Exchequer the amount of loss to this country each year by the funding of the War loans to France and Italy; and whether the loss is charged up each year to the current year's expenses or is the amount lost added to the National Debt?


The sums advanced to France and Italy were borrowed by His Majesty's Government and these borrowings form part of our National Debt on which the interest is discharged each year out of the Budget. It is impossible to state the precise cost of this particular portion of our National Debt, but it is of course greatly in excess of the amounts we have received from France and Italy.

total retained for home consumption, together with the average price per cwt. for the years 1930–33, respectively?


The following table contains the information desired: