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German Reparation

Volume 155: debated on Monday 12 June 1922

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44.

asked the Prime Minister whether he will lay upon the Table the instructions given to the British representatives on the Reparation Commission of the Paris Conference; and, if there were no instructions, whether he will lay upon the Table the official reports of the speeches of the British representatives on that Commission?

No written instructions were given to the British representatives on the Commission referred to, and no official reports exist of the speeches made by the members of the Commission during the course of their deliberations. Accordingly neither part of the question arises.

Will the right hon. Gentleman lay upon the Table the decisions of the various Committees—whether British, inter-Allied, or French Committees—appointed to report upon the question of reparation, because the House has had no chance of seeing them?

I am afraid the hon. and gallant Gentleman requires to put a question on the Paper. It does not arise out of the question which has been asked.

45.

asked the Prime Minister whether he can state the terms of the agreement reached as to German reparation, and how far they modify the terms of the London agreement of last year?

The German Government's Note of 28th May and the Reparation Commission's reply of 31st May were published in the Press. Under the Schedule of Payments dated 6th May, 1921, Germany was required, in addition to meeting the costs of occupation, to pay in respect of reparation a fixed annuity of two milliard gold marks and a variable annuity equivalent to 26 per cent. of German exports. By the Note of 31st May Germany is required to pay during 1922, in respect of reparation and of the costs of occupation 720 million gold marks in cash and to make deliveries in kind up to the value of 1,450 million gold marks. The remainder of Germany's obligations under the Schedule of Payments in respect of the year 1922 are postponed, subject to the conditions laid down by the Reparation Commission.

Is there any truth in the report in this morning's papers that the German Government has declared, in view of the failure of the bankers to find an international loan, that they do not regard themselves as bound by any of their undertakings?

48.

asked the Prime Minister whether he will lay upon the Table the Reports of the Cunliffe Committee of 1918 on Reparation and of the Treasury Committee on the same subject?

There was no Treasury Committee on Reparation and this part of the question therefore does not arise. As regards the remainder of the question I would refer the hon. Member to the reply given by the Financial Secretary to the Treasury to a question on the same subject asked by the hon. Member for East Edinburgh on the 13th February last, of which I am sending him a copy.

49.

asked the Prime Minister whether he can state the amount payable by Germany, under the London agreement, up to and including 31st May; and what amount has actually been paid?

I am informed that the total amount which would have been payable by Germany for the period 1st May, 1921, up to 30th April, 1922, under the Schedule of Payments of 5th May, 1921, had the operation of that Schedule not been modified by the Reparation Commission, would have been approximately 2,670 million gold marks; and that the total amount actually paid by Germany during the same period was 1,878 million gold marks. The former figure is, however, exclusive of Germany's liability for costs of Armies of Occupation, whereas the latter includes 213 million gold marks applied towards meeting such costs.