§ Mr. McENTEEasked the Chancellor of the Exchequer what portion of the British funds of £861,000,000, outstanding in 1881, has been paid off; and what is the rate of interest payable on the balance?
1644Wtion is available from this source, were as stated in the following table. I am unable to state the average prices at which oatmeal and other oat products, as such, were sold in Germany during these years.
Mr. CHAMBERLAINI am unable to trace the figure of £861,000,000 referred to by the hon. Member. The amount of the National Debt in 1881 was approximately £765,000,000. The amount of pre-War debt still outstanding on 31st March last was approximately £325,000,000, the bulk of which is represented by 2½ per cent. Consols. Of the difference between these two figures, £264,000,000 was converted into other stock during the War; and the remaining £176,000,000 has been paid off.