HC Deb 11 March 1920 vol 126 cc1539-40W
Mr. E. HARMSWORTH

asked the Chancellor of the Exchequer whether in his Estimates of expenditure he has included the £50,000,000 a year due in interest on our debt to America; and, if not, how he proposes to provide the sum of £150,000,000 which will become due for payment at the expiry of three years during which the actual payment of interest has been suspended?

Mr. BALDWIN

My right hon. Friend will deal in the Budget speech with the provision which he proposes to make for debt. Final arrangements have not yet been concluded with regard to the postponement of interest payments on debts due by the British Government to the United States Government and by other Governments to the British and United States Governments.