HC Deb 29 January 1891 vol 349 c1297
MR. KEAY (Elgin and Nairn)

I beg to ask the Chief Secretary to the Lord Lieutenant of Ireland how many years' purchase of the interest on the £1,500,000 of the Irish Church Surplus is charged upon that Surplus by the Purchase of Land and Congested Districts (Ireland) Bill, and included in Return No. 134 of 1890?

MR. A. J. BALFOUR

referred the hon. Member to the Return published. He would there see that the rate of interest was calculated at 2¾ per cent., and by a very simple arithmetical calculation, the number of years' purchase could be ascertained.