§ Sir H. Williams
asked the Chancellor of the Exchequer to what extent this country provided Germany with financial assistance between the Armistice of 1918 and the outbreak of war on 3rd September, 1939.1481W
§ Mr. Bossom
asked the Chancellor of the Exchequer, whether Great Britain has made any loans to Germany since 1935.
§ Sir J. Anderson
Apart from the customary short-term commercial credits no financial assistance was given by this country to Germany after 1931. Before that date financial assistance was given through participation in the international Dawes and Young Loans and through the Potash Loans. In addition loans to a number of municipalities and states were floated in London, all of which loans were issued between 1923 and 1928. The volume of short-term banking credit which was outstanding in1931 was frozen under the Standstill Agreement concluded in that year.