Oral Answers to Questions — United States (British Debt).

– in the House of Commons on 24th November 1932.

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Photo of Major Abraham Lyons Major Abraham Lyons , Leicester East

11.

asked the Chancellor of the Exchequer if he can now make a statement on the question of the American debt situation?

Photo of Mr William Craven-Ellis Mr William Craven-Ellis , Southampton

13.

asked the Chancellor of the Exchequer if he will make representations to the United States of America to the effect that it will not be in the best interest of a world trade revival for this country to renew her War debt payments until the United States of America will agree to accept settlement by goods instead of gold?

Photo of Mr Brendan Bracken Mr Brendan Bracken , Paddington North

15.

asked the Chancellor of the Exchequer whether His Majesty's Government will consider the advisability of discharging a large part of Britain's debt to the Government of the United States by the export of all our available gold supplies?

Mr. CHAMBERLAIN:

I am not at present in a position to make any further statement on the question of the American Debt.

Photo of Major Abraham Lyons Major Abraham Lyons , Leicester East

At what date does the right hon. Gentleman expect to be able to make a statement in the House?

Mr. CHAMBERLAIN:

I am not in a position to say.

Photo of Colonel Josiah Wedgwood Colonel Josiah Wedgwood , Newcastle-under-Lyme

Has the right hon. Gentleman considered whether there will be any material injury to our credit if we pay in gold?

Mr. CHAMBERLAIN:

All relevant matters will be taken into consideration.