HC Deb 24 April 1885 vol 297 c646
MR. SEXTON

asked the Chief Secretary to the Lord Lieutenant of Ireland, Whether the Bank of Ireland has agreed to make advances to the Guardians of the North Dublin Union, free of interest, in the early part of each year, in consideration of the balances to credit of the Union in the later portion of the year; whether the Bank of Ireland has offered to give the loan now required by the guardians on the same terms as those agreed to by the Hibernian Bank; and, what is the issue of the correspondence between the guardians and the Local Government Board with respect to the resolution of the guardians appointing the Hibernian Bank their treasurer?

MR. CAMPBELL-BANNERMAN

The arrangement which has obtained for several years in the North Dublin Union is that the Bank of Ireland charges the Guardians interest on overdrafts, and allows them interest on credit balances. The terms on which the loan for building purposes will be advanced by the Bank of Ireland have yet to be arranged between the Guardians and the Bank. I have already stated what the issue of the correspondence has been—namely, that the Local Government Board have declined to sanction the proposed change in the treasurership of the Union.