§ SIR J. GORST
I beg to ask the Under Secretary of State for India whether the Secretary of State for India still adheres to the policy of maintaining the minimum price for Council Bills heretofore affxed; and whether he is advised that he will be able at an early date to sell at that price; and whether, before the adjournment of the House, he can state whether the Secretary of State intends to take steps for making use in the near future of the borrowing powers conferred upon him by the Act recently passed?
* MR. GEORGE RUSSELL
The Secretary of State is in communication with the Government of India on the subject of the sale of Council Bills. To a small extent temporary borrowing under the recent Act will be necessary in the near future.
§ MR. CHAPLIN (Lincolnshire, Sleaford)
May I ask whether it is true that Council Bills have been offered twice for sale during the present month, and that no Bills have been sold?