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Turkish Dreadnoughts

Volume 154: debated on Monday 22 May 1922

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asked the Financial Secretary to t he Treasury what was the amount, if any, paid by His Majesty's Government for the value of the two Dreadnoughts which were completed and ready for delivery to Turkey in August, 1914, but requisitioned at that time by His Majesty's Government?

As has been frequently stated, no payments were made by His Majesty's Government to the Turkish Government in respect of these ships. Approximately, £1,680,000 was paid to contractors in this country or holders of Turkish Treasury Bills, which had been issued by the Turkish Government to pay for the ships.