HC Deb 25 July 1893 vol 15 c481
MR. BARTLEY (Islington, N.)

I beg to ask the Chancellor of the Exchequer whether the saving of 37,406 per annum, effected by the reduction under Treasury Warrant, dated 30th June, 1893, of the Terminable Annuities created to replace the £40,000,000 Consolidated Stock held on behalf of the Supreme Court of Judicature, by reducing the said Annuities from £2,605,706 to £2,598,300, will be applied annually till 1904 to the reduction of further Debt, or will be appropriated by the Treasury for current expenditure?

THE CHANCELLOR OF THE EXCHEQUER (Sir W. HARCOURT,) Derby

This Annuity being within the fixed Debt charge of £25,000,000, any saving in respect of it goes to the new Sinking Fund, which consists of all the un appropriated portions of the fixed charge.