HC Deb 22 July 1878 vol 241 c2051
MR. PULESTON

asked Mr. Chancellor of the Exchequer, Whether it is proposed to pay over to Turkey the Tribute of Cyprus, or whether it is to be retained to meet the amount owing from the 1855 Guaranteed Loan?

THE CHANCELLOR OF THE EXCHEQUER

I presume that, by the expression, "the Tribute of Cyprus," my hon. Friend means the amount which is to be paid, as being the ascertained amount of the excess revenue over the expenditure in Cyprus, upon the average of the last five years. That amount has not yet been ascertained; but, of course, steps will be speedily taken to ascertain it. It will be a matter for further consideration in what form the payment shall be made by the one Government to the other; but, of course, when there are charges upon one Government and charges upon the other, there will no doubt be some arrangements made by which the operations will be facilitated and made more simple.