British Capital (Foreign Investments).

Oral Answers to Questions — Inter-Allied Debts. – in the House of Commons on 12th December 1922.

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Photo of Mr Alfred Short Mr Alfred Short , Wednesbury

63.

asked the Chancellor of the Exchequer if he can state the total amount of British capital invested abroad during the year 1921, and for the year 1922 up to date?

Photo of Mr Stanley Baldwin Mr Stanley Baldwin , Bewdley

No official statistics are available. The statistics compiled by the "Economist" show that the new issues of capital in this country for overseas investment amounted to £112,802,000 in 1921, and £126,880,000 in the first eleven months of 1922, but, of course, these figures take no account of the bu5dng and selling of Dominion, Colonial or foreign securities, nor of investments of British capital abroad otherwise than through the medium of issues in the market.