...£15 millions. SUMMARY chandise and Bullion," are, in a greater or less degree, based on estimates : Balances of Income and Expenditure in the Transactions...between the United Kingdom and All Other Countries. 1 These include some items on loan accounts. 2 Including disbursements of foreign ships in British...

...and £252,000,000 in 1920. Then it declined year by year, being reBALANCE OF INCOME AND EXPENDITURES (OTHER THAN LENDING AND REPAYMENT OF CAPITAL) BETWEEN...UNITED KINGDOM AND ALL OTHER COUNTRIES (In million £) These estimates have been very sharply criticised as giving too gloomy a picture of the British...

...compared with an unfavourable balance of 7,000,000*. in 1926, and a favourable balance of 54,000,000*. in 1925. The table is appended :— Balances of Income...between the United Kingdom and all other countries. (Is MILLION POUNDS.) * These include some items on loan accounts. t Including disbursements by foreign...

...remitted to her from abroad year by year, is able to set off this income against the excess of imports. BALANCES OF INCOME AND EXPENDITURE IN THE TRANSACTIONS...BETWEEN THE UNITED KINGDOM AND ALL OTHER COUNTRIES Particulars Excess of imports of merchandise and bullion Estimated excess of Government payments made...

...below, reproduced from the January 27, 1927, issue of the Journal. BALANCES OF INCOME AND EXPENDITURES IN THE TRANSACTIONS (other than lending and repayment...BETWEEN THE UNITED KINGDOM AND ALL OTHER COUNTRIES 1 These include some items on loan accounts. ' Including disbursements of foreign ships in British...