HC Deb 05 March 1896 vol 38 cc237-8
SIR MARK STEWART

I beg to ask the President of the Board of Trade if it is intended that the rate of interest —namely, 3½ per cent, to be paid on the Government loans to light railways, will also provide for a Sinking Fund; and, if so, how many years will it take to pay off the amount borrowed?

MR. RITCHIE

The section does not provide for a Sinking Fund.

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