§ MR. M'COANasked Mr. Chancellor of the Exchequer, Whether the tax established by Article 12 of the Khedivial decree on the amount of the coupons of 1465 the Preference and Unified debts will be deducted from the coupons becoming payable on the 15th of April and the 1st of May; or, whether the deduction will only take place after the several Foreign Legislatures concerned have ratified the guarantee?
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. CHILDERS)Yes, Sir; arrangements have been made for the deduction of the tax from the coupons about to fall due.