MR. HERBERT ROBERTS () Denbighshire, W.
I beg to ask the Secretary of State for the Colonies whether he will state what colonies up to the present time 'have received loans under the Colonial Loans Act, 1899; what amount has been lent in each case; and in which cases, if any, interest exceeding 2¾ per cent. per annum has been fixed.
§ MR. BRODRICK (for Mr. J. CHAMBERLAIN)
No advances have as yet actually been made under the Act of last session; but agreements have been come to, under which Mauritius and Seychelles will receive the amounts specified in the schedule of the Act, Jamaica £318,000, Barbados and St. Vincent the sums, less than those given in the schedule, which may be actually required to be lent to planters at 2¾ per cent.; Cyprus £60,000 at 3 per cent., and £354,000 at 3¼ per cent. In the case of the other 1092 colouies, and of the balance of the loan authorised to be made to Jamaica, no final arrangements have as yet been made.