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German Reparation

Volume 154: debated on Tuesday 23 May 1922

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asked the Chancellor of the Exchequer what information has been gathered by the Reparations Commission as to the amount of capital exported from Germany since the Armistice and the possibilities of applying it to the payment of Germany's war obligations?

I understand that the Reparation Commission called upon the German Government on the 21st March last, as one of the conditions for the grant of a partial postponement of payments in 1922, to submit a scheme for preventing undue export of capital and to take all possible steps to Obtain the return to Germany of the capital already exported. So far as I am aware, the Reparation Commission has not published any statement as to the amounts in question, and from the very nature of the transactions referred to any estimate would be a matter of guess work.