Former MP for Colne Valley
Mr Philip Snowden is a former MP for Colne Valley.
Former MP for Colne Valley
Entered the House of Commons on 12 January 1906 — General election
Left the House of Commons on 7 October 1931 — General election
Also represented Blackburn
The amount of interest payable on loans made in foreign currency varies from year to year. It amounted to nearly £29,000,000 last year, but is reduced to about £15,000,000 this year and next year as a result of President Hoover's plan. The reply to the second part of the question is in the affirmative, and to the last part in the negative.
It includes the debt to America.
There has been no change in the position in regard to the Ottoman 'Guaranteed Loan of 1855, other than that referred to in the reply given to the right hon. and gallant Member on 1st May, 1929; the interest on the loan is payable in sterling.
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