HOUSE OF COMMONS

Hawke's Bay Tribune, Volume XVII, 16 November 1927, Page 5

HOUSE OF COMMONS

REPLIES TO QUESTIONS WAR DEBT PAYMENTS. REPARATION RECEIPTS. (By Cable —Press Assn. — Copyright.) (Received 16, 2.10 p.m.) London, Nov. 15. In the House of Commons. Mr. Winston Churchill informed a questioner that Britain in 1926-27 received in war debts-£8,200,000, and paid the United States £33,100,000. The maximum sum in war debts du e to Britain in any year under the agreements was £20,000.(XX). The maximum payable to the United States was £38,000,000. Britain’s reparation receipts for 1926-27 were £9.500,000. In th© current year they would receive £14,500,000. When the full Daweg annuities were reached they would receive £20,000,000. It must be pointed out. he said, that the Government had to limit our war debt claims against the Allies to a sum which, together with reparation receipts, would cover our payments to the United States. Sir P. Cunliffe Lister, in reply to a question, said that 34 feature films were produced in Britain in 1925, 23 in 1926, and probably 60 in 1927. Questioned regarding Bias Bay pirates, the Under-Secretary for the Colonies, the Hon. W. Ormsby-Gore stated yesterday, that the activities of the Anti-Piracy Commission appointed by the Canton Government had been unsatisfactory. Th© Hong kong Government had invited tb« Canton Government to confer with a view to arranging a scheme of action The Hon. Winston Churchill, answering Lord Apsley (Conservative, Southampton) said the incomes of political parties were liable to full income tax. The supertax was onlv chargeable on the incomes nf individuals. He was confident that the law was carried out most strictly in regard to narties’ investments. The Hon Winston Churchill told Mr. Philip Snowden (Labour, Colne Valley) that the response to recent conversion operations was eminently’ satisfactory and afforded ground fcr confidence for the more serious conversion operation intended in the future.—(A. and N.Z.)