HC Deb 12 June 1891 vol 354 c296

I beg to ask the Secretary to the Treasury whether, having regard to the fact that the sum of £40,000, described in the Land Purchase Bill as the Exchequer Contribution, is to be carried for the next five years to a reserve fund, and after that period to be allocated to the erection of labourers' cottages, the Treasury will consent during those five years to advance money under the Labourers' Acts, to be repaid out of the said annual sum of £40,000 after the expiration of the five years?


I shall be glad to consult my right hon. Friend the Chancellor of the Exchequer on the suggestion of the hon. Gentleman. I am anxious to carry out the policy which he suggests; but he will see that the matter requires very careful consideration, as the £40,000 is already used as security for advances under the Land Purchase Act, and there are obvious difficulties in throwing another charge upon it.