Mr. RHODES: (Minister of Finance and Receiver General)
Conservative (1867-1942)
1. 86,525,000 principal amount with interest since June 30, 1931.
2. Indebtedness incurred in 1919; funded in 1923.
3. No payment on account of principal or interest has been received since the payment due June 30, 1931. Payments due in the year 1931-32, totalling $563,250, were deferred in accordance with the international moratorium on inter-governmental debts. Subsequently Greece deferred payment on its external indebtedness, whether held by governments or the public.
Motions for Papers
Negotiations have been proceeding for a resumption of the service of such debt and the claims of Canada have been put forward as occasion required.
Topic: QUESTIONS
Subtopic: DEBT OP GREECE TO CANADA
Subtopic: DEBT OP GREECE TO CANADA