§ Order for Second Reading read.
§ * SIR J. T. HIBBERTI would ask the House to give this Bill a Second Reading. Its object is to authorise the National Debt Commissioners to issue £1,500,000 for the purpose of local loans by the Public Works Loan Commissioners, and £800,000 for the purpose of local loans by the Commissioners of Public Works in Ireland. The money they have at their disposal for this purpose has run out. This Bill will supply them with funds, and unless it is passed great inconvenience to Local Authorities will result.
§ Motion made, and Question proposed, "That the Bill be now read a second time."—(Sir J. T. Hibbert.)
§ MR. HANBURY (Preston)said, he did not want the Local Authorities of the country to suffer inconvenience; but they had to remember that the desire of the Government could be fulfilled by putting the Bill down as the first Order. The House had now a new set of circumstances to deal with. The Government had taken the whole of the time of the House; and when they said that they had Bills to pass which were urgently needed, the way to pass them would be to devote to them some of the time of the House which they had at their disposal.
§ * MR. BARTLEYsaid, the Bill raised the large question of loans for public works, which was a subject upon which many hon. Members held strong opinions. They considered that the subject should be carefully gone into, with a view of checking this large increase in the local debt for expenditure on public works all over the Kingdom.
§ Second Reading deferred till Monday next.