§ MR. EDWARD M'HUGH (Armagh, S.)I beg to ask the Chief Secretary to the Lord Lieutenant of Ireland whether he will make provision, in such legislation as he may introduce for the better management of Irish Loan Funds, to legalise the practice of renewals, or take such other means as he may deem advisable to protect debenture holders from losing their money?
§ THE CHIEF SECRETARY FOR IRELAND (Mr. GERALD W. BALFOUR,) Leeds, CentralI have already stated that the Bill to be introduced will take into consideration abuses in reference to the renewal of loans, and otherwise facilitate the recovery of moneys equitably due to Loan Fund Societies. The effect of the promised legislation will be, I trust, to give reasonable protection to the debenture holders of these Societies.