HC Deb 19 March 1889 vol 334 cc230-2

4. Motion made, and Question proposed, That a sum, not exceeding £39,766, be granted to Her Majesty, to defray the Charge which will come in course of payment during the year ending on the 31st day of March, 1889, as a grant in aid of completing the Adjustment of Accounts between the British and Egyptian Governments.

*MR. GOSCHEN

Among other matters of account with the Egyptian Government is one arising from a reduction which was made in the interest on the purchase money of the Suez Canal shares, which was reduced from 5 to 4½ per cent. After a time the payment was resumed, and the Egyptian Government repaid the ½ per cent. and placed it again at the disposal of our Government. On the other hand, there were claims raised by the Egyptian Government, and a set-off was arranged of that money which had been repaid to us by the Egyptian Government against various claims upon us made by the Egyptian Government.

SIR GEORGE CAMPBELL (Kirkcaldy, &c.)

I wished to raise an important question as to whether the accounts with the Egyptian Government are to be squared at the expense of the British taxpayer; but under the circumstances I hope the Government will remember the amount of work we have done, and will consent to report Progress. I beg to move accordingly.

Motion made, and Question proposed, "That the Chairman do report Progress, and ask leave to sit again."—(Sir George Campbell.)

*MR. W. H. SMITH

I am sorry to say we cannot consent to adopt this course. It is the general desire of the Committee that we should complete the Supplementary Estimates this evening, and I hope that my hon. Friend will withdraw his Motion.

DR. CAMERON (Glasgow, College Division)

I think, perhaps, it would be a more convenient course if we discussed this matter on Report.

SIR GEORGE CAMPBELL

I know it is of no use dividing the House against the master of many legions, and I will, therefore, take the advice of my hon. Friend the Member for Glasgow.

MR. PHILIP STANHOPE (Wednesbury)

I hope that we shall have some assurance from the Government that a proper opportunity will be afforded the House of discussing the action of the British Government in relation to Egyptian Finance.

Motion, by leave, withdrawn.

SIR G. CAMPBELL

I understand that it is not intended to enter upon the Vote on Account for the Civil Service to-night.

*Mr. W. H. SMITH

No, Sir.

MR. SEXTON (Belfast, W.)

The Civil Service Excess Votes raise a very important question as to the Divisional Magistrates. I hope the Government do not intend to press them through tonight.

*MR. W. H. SMITH

We shall be able, I think, to give a satisfactory explanation to the House on that subject.

Original Question put, and agreed to.

Forward to