HC Deb 06 August 1879 vol 249 c364

Considered in Committee.

(In the Committee.)

(1.) Resolved, That towards raising the Supply granted to Her Majesty, the Commissioners of Her Majesty's Treasury be authorised to raise any sum, not exceeding £1,200,000, by an issue of Exchequer Bonds, Exchequer Bills, or Treasury Bills.

(2.) Resolved, That the principal of all Exchequer Bonds which may be so issued shall be paid off at par, at the expiration of any period not exceeding three years from the date of such Bonds.

(3.) Resolved, That the interest of all such Exchequer Bonds shall be paid half-yearly, and shall be charged upon and issued out of the Consolidated Fund of the United Kingdom or the growing produce thereof.

Resolutions to be reported To-morrow;

Committee to sit again To-morrow.