§ SIR HENRY FOWLER (Wolverhampton, E.)I beg to ask the President of the Local Government Board what is the rate per cent. to provide a sinking fund for the repayment of loans at the expiration of fifty, sixty, seventy, and one hundred years, taking the rate of interest at 2½ per cent.
§ MR. CHAPLINIf a loan was raised at 3 per cent. interest, repayable by means of a sinking fund accumulating at 2½ per cent., the annual charge in respect of the interest and sinking fund for each £100 of the loan would be £4 0s. 6¼d. if the loan was repayable in 50 years; £3 14s. 8½d. in 60 years; £3 10s. 9½d. in 70 years; and £3 4s. 7½d. in 100 years.