§ Order for Committee read.
§ Motion made, and Question proposed, "That Mr. Speaker do now leave the Chair."—(Mr. J. K. Cross.)
§ MR. TOMLINSONsaid, he had no desire to detain the House; but he thought that this Resolution with regard to the East India Loan was of such importance that it ought to be accompanied by some explanation as to its object.
§ MR. J. K. CROSSsaid, a Select Committee had reported last year in favour of a considerable extension of railways in India, and the money asked for was for the purpose of carrying out the recommendations of that Committee. He would not enter into any detailed explanation at the present stage, because it would probably be better to take any discussion which might arise upon the second reading of the Bill.
§ Question put, and agreed to.
§ Resolution considered in Committee.
§ (In the Committee.)
§ Resolved, That it is expedient to authorise the Secretary of State in Council of India to raise in the United Kingdom any sum or sums of money not exceeding £10,000,000, for the service of the Government of India, on the security of the Revenues of India.
§ Resolution to be reported To-morrow.