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German Property (Great Britain)

Volume 154: debated on Monday 22 May 1922

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3.

asked the President of the Board of Trade whether any estimate has been made of the total assets of German nationals in this country which are in process of liquidation; if so, will he state the amount; whether he will explain the delay in liquidating and sequestrating this property; and whether, in view of the many demands of British nationals for reparation still unsatisfied, he will expedite this work in-order that relief may be afforded to British citizens who have suffered great loss both in health and money?

It is not possible at the present time to give a reliable estimate of the ultimate value of the total assets in this country of German nationals which are in process of liquidation. The realisation of marketable securities is being proceeded with as quickly as possible?