§ MR. SEXTONasked the Secretary to the Treasury, What were the dates, amounts, and rates of interest of the loans given by the Irish Board of Public Works to the promoters of the Sligo, Leitrim, and Northern Counties Railway; who are the sureties for the prescribed payments by the Company on account of principal and interest; when the last payment by the Company on account of principal or interest was made; and, what is now the total of principal and interest in arrear?
§ MR. COURTNEYA single loan to this Company of £100,000 was sanctioned in February, 1879. The rate of interest 1712 was 5 per cent up to June 30, 1883, when, in common with other railway loans, it was reduced to 4 per cent. Seven gentlemen interested in the district made themselves sureties for the payment of the interest, the principal being secured on the undertaking in the usual way. The Company have paid nothing since September 23, 1882, and the arrears of interest due from the sureties are £15,300, while £10,000 of principal is also due.