§ MR. SMOLLETTasked the Secretary of State for India, Whether he has made any further concessions or given a guarantee for further interest on the capital of the Madras Irrigation Company, beyond the sum of one million sterling, to which the guarantee of interest was previously limited; and whether he would be prepared to produce ail the Papers and Correspondence explanatory of the Government connection with this Joint Stock Company?
§ SIR CHARLES WOODsaid, in answer to the first Question put by the hon. Gentleman, he had to inform him that nothing definitive had as yet been done on the subject. Proposals had been made, and negotiations were going on with the Company. The whole question, however, was referred to the Government of Madras, and until they had pronounced their opinion upon the matter nothing final would be done. When the Correspondence was completed, he should have no objection to produce all the papers relating to it.