HC Deb 14 June 1888 vol 327 c98
MR. SLAGG (Burnley)

asked the Under Secretary of State for India, Whether it is true, as stated in The Times, that the Government of India contemplate the raising of a special loan to meet the cost of the Frontier defences?

THE UNDER SECRETARY OF STATE (Sir JOHN GORST) (Chatham)

The Government of India do not propose to raise a special loan in order to meet the cost of the Frontier defences. It has been decided not to impose taxation for this purpose, and hence the Financial Statement shows a deficit in the Budget for 1888–9; but the charge can, according to the Estimate, be met from the cash balances.

MR. SLAGG

Then the statement in The Times is incorrect?

SIR JOHN GORST

I have not seen the statement in The Times.