§ Bill considered in Committee.
§ (In the Committee.)
§ Clause 1 (Price of Government annuities to be calculated on basis of two and a half per cent. 10 Geo. 4. c. 24).
§ Motion made, and Question proposed, "That the Chairman do report Progress, and ask leave to sit again."
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN) (St. George's, Hanover Square)said, the Bill contained nothing of a contentious nature, while it was of grave importance to the public interest that it should be passed.
§ DR. TANNER (Cork Co., Mid)said, he should be the last person to oppose a measure of grave public importance; but he must protest against the method in which the Government conducted their Business.
§ It being Midnight, the Chairman left the Chair to make his Report to the House.
§ Committee report Progress.
§ Resolved, That this House will immediately resolve itself into Committee on the Bill.
§ Bill considered in Committee.
§ (In the Committee.)
§ Clauses considered, and agreed to.
§ New Clause—
§ (Application of the National Debt Conversion Act (1833) to Scotland.)
§ "Section 27 of the National Debt Conversion Act, 1888, shall in its application to Scotland be construed as authorizing trustees to invest in any of the securities in which trustees may invest under the Trustees (Scotland) Act, 1884, without the approval of the Court of Session,"—(Mr. Jackson,)
§ —brought up, and read the first time.
§ Motion made, and Question proposed, "That the Clause be now a second time."
1805§ DR. TANNERasked, was any explanation to be given of the clause?
§ MR. GOSCHENsaid, it was to remedy a small omission in the Conversion Bill, and it carried out a suggestion thrown out by the right hon. Member for South Edinburgh.
§ Question put, and agreed to.
§ Clause read a second time, and added to the Bill.
§ Bill reported, as amended, to be considered To-morrow.