§ MR. FRESHFIELDasked the Under Secretary of State for India, If his at- 1105 tention has been drawn to a letter in the "Times" of the 12th of January, regarding powers of attorney granted by holders of India Five per Cent. Stock, for the receipt of dividends thereon; and, whether any steps are in contemplation to render such powers applicable to the Four per Cent. Stock offered by the Secretary of State in Council in exchange?
§ MR. E. STANHOPESir, I am glad that my hon. Friend has put this Question, because it gives me the opportunity of informing the holders of Five per Cent Stock that this point has been considered, and that a Bill is now being prepared to render their powers of attorney applicable to the Four per Cent Stock offered in exchange. I hope shortly to introduce it.