Major HILLSasked the Chancellor of the Exchequer whether it is intended to prolong for a further period the arrangements in regard to German medium and long-term obligations, other than the. Dawes and Young loans, which are set forth, so far as regards the period ending 30th June, 1936, in Article 7 (ii) of the Anglo-German Payments Agreement of the 1st November, 1934, and were prolonged to the 31st December, 1936?
§ Lieut.-Colonel COLVILLEYes, Sir. The German Government have informed His Majesty's Government that their offer in regard to the obligations referred to will be prolonged for a further period of six months to 30th June, 1937, or until the termination of the Anglo-German Payments Agreement, if that is earlier. The arrangements for the payment in full of interest on bonds of the Dawes and Young Loans owned by British holders on 15th June, 1934, remain unaffected.