§ MR. H. H. FOWLERasked Mr. Chancellor of the Exchequer, What amount of perpetual Three per Cent Annuities standing to the Account of the Paymaster General of the Supreme Court of Judicature have been converted into Terminable Annuities under section three of "The National Debt Act, 1883;" and, whether he will lay upon the Table the certificate showing the bases on which such Terminable Annuities are calculated, as provided for by sub-sections (a), (b), and (c) of section four of "The National Debt Act, 1883?"
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. CHILDERS)Sir, in reply to the first part of my hon. Friend's Question, I have to say that £40,000,000 Three per Cents were cancelled as from the 27th of August, 1883, in exchange for an Annuity for 20 years of £2,665,835, as he will see on referring to the Treasury Warrant of the 1st of September, 1883, which -was laid upon the Table on the 12th of February last. In the second part of his Question my hon. Friend is pointing, I presume, to a statement showing the Stock to be replaced by the application of the instalments of the Annuity. Such a table, certified by the Comptroller General and Actuary of the National Debt Office, has been prepared and furnished to the Treasury; and if my hon. Friend wishes to move for it, there is no objection to its being laid upon the Table.