HC Deb 26 February 1900 vol 79 cc1091-2
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.


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 colouies, and of the balance of the loan authorised to be made to Jamaica, no final arrangements have as yet been made.