External Obligations.

Part of Oral Answers to Questions — National Finance. – in the House of Commons at on 5 October 1931.

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Photo of Mr Philip Snowden Mr Philip Snowden , Colne Valley

In the calendar year 1930 the payments made by the Government in foreign currency, excluding the War Debt to the United States Government, amounted to about £16,000,000 and the Government's receipts in foreign currency, excluding reparations and inter-governmental War Debts, to about £24,500,000; the surplus of foreign receipts over foreign payments (excluding War Debts, etc.) thus amounted to about £8,500,000. As regards Loans guaranteed by His Majesty's Government I would refer the right hon. and gallant Member to the full statement published annually in the Finance Accounts.