§ Lord Althorp,in moving the Order of the Day for the House to go into Committee on the Four - per - Cent Annuities Payment Bill, said, he was fully prepared to redeem such portion as the holders might dissent from, according to the proposition which he had to make. Since he had made his former statement, a greater number of dissentients had announced themselves, than at that time he had calculated upon; still he should be prepared to meet them, though their number was stated to be 969, and the amount they held 4,600,000l. [The House went into Committee.] The noble Lord then moved the following resolution: —"That it was the opinion of that Committee, that the Commissioners for the reduction of the National Debt should be authorised to pay off all holders of Four-per-Cent. Annuities, who might dissent in the manner specified in the resolutions of that House of the 12th of May, 1834; that such Commissioners should so pay off such annuitants, according to the mode set forth in said resolutions, and out of such monies, stock, or Exchequer, as might be deposited in their name in the Bank of England, or monies that might be invested on account of Banks for Savings—such stock so redeemed to vest in the said Commissioners." He observed, that thus the holders of Four per Cent. Annuities would be paid off on the 10th of October next.
§ The House resumed, and Bill ordered to be brought in.