HC Deb 03 May 1888 vol 325 cc1207-8
MR. J. E. ELLIS (Nottingham, Rushcliffe)

asked Mr. Chancellor of the Exchequer, What amount of instalments of the purchase money under "The Land Purchase Act, 1885," which fell due on the 1st of November, 1887, remained unpaid on the 1st of May, 1888; and, what amount of instalments of purchase money fell due on the 1st of May, 1888, and what amount of this was not paid on that day?

THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN) (St, George's, Hanover Square)

The total amount of interest and instalments which accrued due in respect of advances under the Purchase of Land Act (Ireland), 1885, from the passing of the Act to the 1st of November, 1887, was £50,910, and of this amount there remained unpaid on the 1st of May, 1888, the sum of £1,281. The amount of interest and instalments which fell due on the 1st of May, 1888, was £39,720; but as these instalments have only just become due, and are collected by means of receivable orders payable through local banks, and not yet returnable, it is impossible to give any satisfactory answer to the hon. Member's second Question.