§ Mr. John Hallasked the Chancellor of the Exchequer what has been the increase or decrease in the purchasing value of average industrial earnings between April, 1945, and April, 1951, and between April, 1951, and April, 1957.
— Amount of loan drawn Years in which negotiated Years in which drawn Amount outstanding at 31st December, 1957 Purpose of loan $m. $m. Lend/Lease Settlement 622 1945 (War period) 552 Settlement of war claims Line of Credit 3,750 1945 1946–48 3,469 Post-war reconstruction European Recovery Programme 337 1948–50 1948–51 333 Post-war reconstruction Defence Aid 48 1952 1952 48 Mutual security aid Export-Import Bank Line of Credit 250 1957 1957 250 Dollar requirements for materials and equipment In sterling, the total amount outstanding on these loans at 31st December, 1957, was £1,661 million. Further details of the years in which loans were drawn were given in a written Parliamentary Answer on 27th November, 1957.