51.
asked the Chancellor of the Exchequer the amount of the outstanding European loans issued on the recommendation of the League of Nations or its financial experts; and the amount now in whole or partial default?
As the reply contains a number of figures, I will, with my hon. and gallant Friend's permission, circulate it in the OFFICIAL REPORT.
Following is the reply:
The following are the capital amounts of the various League Loans now outstanding:
| Loans not in default: | £
|
| Estonia | 1,300,000 |
| Loans for which new arrangements have been made: | |
| Danzig | 1,900,000 |
| Hungary | 10,400,000 |
| Loans for which temporary arrangements have been made: | |
| Bulgaria | 8,300,000 |
| Loans in partial default: | |
| Greece | 18,900,000 |
| Total | £40,800,000 |
For fuller details I would refer my hon. and gallant Friend to the Sixth Annual Report published by the League Loans Committee (London) in June last, and also to the statement in regard to the Bulgarian Loans which was published in the Press on 1st December.