HC Deb 01 March 1889 vol 333 c701
SIR GEORGE CAMPBELL (Kirkcaldy)

asked the Under Secretary of State for India whether anything has yet been settled as to the Deccan Mining Company; whether, notwithstanding the Report of the Committee of this House, the Nizam has been induced to continue the concessions to the Company on such terms that, though they have yet discovered nothing whatever, the shares have gone up to a high figure, almost equal to the nominal value put on them by the promoters, as reported in the money article of the Times of 27th February; and, whether Her Majesty's Government in India or in this country have approved of the arrangements made?

THE UNDER SECRETARY OF STATE FOR INDIA (Sir J. GORST,) Chatham

The Secretary of State is not aware of any arrangement having been come to by the Government of the Nizam in reference to the concession of the Deecan Company. The Secretary of State has no knowledge of the price of the Company's shares. No arrangement has been submitted for the approval of Her Majesty's Government, either here or in India.