§ MR. HOWELL (Bethnal Green, N. E.)I beg to ask the Chancellor of the Exchequer whether he can inform the House if the liquidation as regards the Cardiff Savings Bank is completed; whether the last and final dividend is paid, or when it is to be paid to the depositors; whether the offer of the Marquess of Bute was accepted to contribute enough to repay all deposits to Friendly and Charitable Societies; and, if so, have the amounts been paid; and whether he can state to the House the total cost of the liquidation, inclusive of the Law costs, and what amount of the latter has been paid by the Treasury?
§ THE CHANCELLOR OF THE EXCHEQUER (Sir W. HARCOURT,) DerbyI am informed by the solicitors to the liquidator that the liquidation cannot be completed until after the Long Vaca- 1586 tion. It is anticipated by the liquidator that, subject to the approval of the Court, the final dividend may be paid some time in November. The liquidator states that he has obtained the sanction of the Court to accept, and has accepted, the offer made by the Marquess of Bute. The amount payable will be sent to the liquidator for distribution at the proper time. The approximate cost of the liquidation up to the present date is £8,300. During the earlier part of the proceedings legal costs to the amount of £2,447 10s. 3d were paid by the Treasury Solicitor.