§ Order for Third Reading read.
§ Motion made, and Question proposed, "That the Bill be now read the third time."
§ DR. CLARK (Caithness)said, the Bill gave additional powers to the Government in connection with the South Indian Railway Company, and empowered the Company, for the purpose of carrying into effect any contract or agreement entered into under the powers of the Act, with the sanction of the Secretary of State in Council, to raise money for the purposes of the Bill. As a matter of fact, the Bill would enable the Government to buy up the Company, paying £126 for every £100 Stock. He objected to any new Stock being created, or of any powers being taken which would enhance the value of the existing capital. However, he did not intend to discuss the question at that moment.
§ MR. KIMBER (Wandsworth)said, he did not gather from what the hon. Member had just said whether he intended to withdraw his opposition to the Bill or not.
§ Motion agreed to.
§ Bill read the third time, and passed.