§ COLONEL COLTHURST
asked the Financial Secretary to the Treasury, with respect to the additional loan applied for to complete Rossclare Harbour, Whether he is aware that the said loan was recommended to the Treasury in November 1881 by the then Chief Secretary, on the grounds that the only way to make productive the large sums already spent on the Pier and on the Railway was for their Lordships to sanction such further loan as would enable the work to be completed; and, whether he will recommend a further inquiry?
§ MR. COURTNEY
Yes, Sir; the late Chief Secretary did make the statement quoted; but he did not give the grounds upon which he formed his opinion. Since that date the case has been further inquired into by the Public Works Loans Commissioners, who are responsible for the loan, with the result I stated on Monday. I fear the case is a very hopeless one, and that a further loan would only be throwing good money after bad.