HC Deb 23 February 1880 vol 250 c1275

Select Committeeappointed,"to inquire into the system under which Loans for Local Works are now advanced out of the Consolidated Fund, or on the security of the Consolidated Fund; and to Report:—

  1. 1. Whether the system hitherto in force has been conducted without loss to the Exchequer, pointing out, if there has been loss, the causes which have led to it:
  2. 2. Whether it is clear that the present system, if continued, will be carried on without loss to the Exchequer or injury to the public credit:
  3. 3. Whether further facilities might not with advantage be given to local authorities so as to enable them to borrow, upon their own local security, without having recourse to the Exchequer; and whether any, and if so, what amendments are required in 'The Local Loans Act, 1875.'"—(Mr. Chancellor of the Exchequer.)

And, on March5,Committeenominatedas follows:—Mr. CHANCELLOR of the EXCHEQUER, Mr. CHILDERS, Mr. SCLATER-BOOTH, Mr. SHAW LEFEVRE, Mr. BALFOUR, Mr. PEASE, Mr. RIDLEY, Sir EDWARD COLEBROOKE, Mr. DALRYMPLE, Mr. CHAMBERLAIN, Sir GRAHAM MONTGOMERY, Mr. GRAY, Mr. PAGET, Mr. RYLANDS, Mr. HANBURY, Mr. SYNAN, and Mr. SPENCER STANHOPE:—Power to send for persons, papers, and records; Five to be the quorum.

House adjourned at a quarter before Two o'clock.