HC Deb 05 April 1877 vol 233 c614
MR. MONK

asked the Secretary to the Treasury, Whether any guarantee has been given by the Commissioners of Her Majesty's Treasury under "The Canada Railway Loan Act, 1867; "and, if so, whether the Accounts have been laid annually before Parliament in accordance with the provisions of that Act?

MR. W. H. SMITH,

in reply, said, that a guarantee had been given by the Treasury, under the Canada Railway Loan Act, 1867, for a loan amounting to £3,000,000. The loan had been raised, half in 1869, and the remaining half in 1873. In June, 1869, a correspondence was laid before Parliament under the Act showing the steps the Treasury had taken. No accounts had arisen under the guarantee in any shape whatever, and, therefore, none had been laid before Parliament.