HC Deb 16 March 1888 vol 323 cc1431-2
MR. T. W. RUSSELL(for Mr. LEA) (Londonderry, S.)

asked the Secretary to the Treasury, How many purchasers under the Irish Land Act of 1870 have availed themselves of the full benefits of the legislation of last year; in the majority of cases how long will the payment of their instalments extend; and how many are in arrear?

HE SECRETARY (Mr. JACKSON) (Leeds N.)

I am informed that out of 821 borrowers under the Act of 1870, 745 have accepted the reduced terms of 4 per cent annuity under subsection 1 of section 24 of the Act of 1887, obtaining thereby an extension of the period of repayment, ranging from 40 to 47½ years from the time of the original advance; 10 have elected to continue payment on the original terms; four have made application for the further extension of term contemplated in special cases by sub-section 2 of the same clause; 56 are in arrear of instalments to the 1st of May last.

R. J. E. ELLIS (Nottingham, Rushcliffe)

Could the hon. Gentleman state the amount of arrears?

MR. JACKSON

Sir, I have not got the figure here.