HC Deb 08 March 1932 vol 262 cc1643-4W
Mr. McENTEE

asked 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?

tion 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. CHAMBERLAIN

I 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.

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