§ Lord ERSKINEasked the Chancellor of the Exchequer what is the total amount that this country will receive from inter-allied debts and reparations combined during the financial year 1931–32; and what sum will be paid by this country to the United States of America under the debt settlement during the same period?
§ Mr. P. SNOWDENDuring the financial year 1931–32 this country should receive £33,350,000 from inter-allied debts and reparations together, and the amount payable in respect of the British War Debt to the United States Government is equivalent to £32,864,000.
§ Mr. WISEasked the Chancellor of the Exchequer what percentage of the outstanding capital sum of our debt to the United States of America is represented by the annuity payable this financial year under the settlement made by the right hon. Gentleman the Member for Bewdley; and what are the corresponding figures for the debt settlements with the United States of America made by France and Italy, respectively?
— Present values on basis of interest rates stated and percentage that present value bears to debt prior to funding. Country.(1) Debt prior to funding.(2) 3 per cent. (3) Per cent. 4¼ per cent. (4) Percent. 5 per cent. (5) Percent. $ $ $ $ Great Britain … 4,715,310,000 4,922,702,000 104.4 3,788,470,000 80.3 3,290,948,000 69.9 France … 4,230,777,000 2,734,250,000 64.6 1,996,509,000 47.2 1,681,369,000 39.7 Italy … … 2,150,150,000 782,321,000 36.4 528,192,000 24.6 426,287,000 19.8