HC Deb 04 March 1924 vol 170 c1217W
Mr. LAMBERT

asked the Chancellor of the Exchequer if the export duty of 12½ per cent. levied on commodities exported from America before the entry of America into the War, which was received by the American Government, was added to the British debt to America, an agreement to pay which was concluded last year?

Mr. SNOWDEN

The British debt to the United States Government was incurred wholly after the entry of America into the War, and the question therefore does not arise.