§ MR. GENT-DAVIS (Lambeth, Kennington)
asked the Civil Lord of the Admiralty, Whether the Board of Admiralty is prepared to increase the amount given from the funds of Greenwich Hospital for age pensions; and whether it proposes to improve the investments of the Greenwich Hospital Fund?
§ MR. ASHMEAD-BARTLETT (A LORD of the ADMIRALTY) (Sheffield, Ecclesall)
Under the present Administration the amount distributed in Greenwich Age Pensions has been in- 485 creased from £71,256 to £78,650, an increase of over £7,000. The expenditure on special pensions has also been largely increased. Within the past year the income of Greenwich Hospital has been increased by £4,000 a-year by the re-investment of £580,000.