§ MR. JOHN MORLEY (Montrose Burghs)I beg to ask the Chief Secretary to the Lord Lieutenant of Ireland what amount of Guaranteed Land Stock has been exchanged for consolidated annuities under Section 15 of the Land (Ireland) Purchase Act of 1891?
§ MR. GERALD BALFOUROn Friday last I stated in reply to a Question of the hon. Member for Cork that the amount of Guaranteed Land Stock held by the National Debt Commissioners was £1,558,862. It now appears that the amount was understated, and that 687 it should have been stated to be £1,672,882. This sum includes the stock held by the Bank of Ireland, who act as agents for the National Debt Commissioners.
§ MR. JOHN MORLEYThat is, about one and a half millions have been exchanged for Consols?
§ MR. GERALD BALFOURIt is something like that.