HC Deb 05 August 1881 vol 264 c1107

Consideredin Committee.

(In the Committee.)

Resolved, That it is expedient that the Secretary of State in Council of India be authorised to create and issue such Capital Stock bearing interest at the rate of three and a-half per centum per annum, or at any other rate not higher than four per centum per annum, as may be required for the purpose of purchasing the Annuities issued under "The East Indian Railway Company (Purchase) Act, 1879," or for the purpose of reducing other liabilities charged on the Revenues of India, and bearing interest at a rate not lower than the Stock so to be created.

Resolution to be reported upon Monday next.

House adjourned at a quarter after Two o'clock.