§ "That, towards making good the supply granted to His Majesty for the service of the year ending on the thirty-first day of March, nineteen hundred and two, sums not exceeding sixty million pounds may be raised by all or any of the following methods:—
- (a) by means of the creation of two and three-quarter per cent. Consolidated Stock within the meaning of the National Debt Conversion Act, 1888; or
- (b) by means of the issue of further War Stock or War Bonds under the War Loan Act, 1900; or
- (c) by means of the issue of Treasury Bills; or
- (d) by means of the issue of Exchequer Bonds;
§ Resolution read a second time.
§ Motion made, and Question proposed, "That this House doth agree with the Committee in the said Resolution."
§ MR. JOHN REDMONDsaid it would be in the recollection of the Chancellor of the Exchequer and the House that the other night the right hon. Gentleman made an appeal to the House to allow the resolution to go through, on the ground that it would be a serious inconvenience to have the discussion prolonged. Speaking on behalf of the Irish Members, he agreed then that the right hon. Gentleman should get the resolution, stating, of course, that there would be an opportunity for discussion on Report. He felt sure that under the circumstances the Chancellor of the Exchequer would not persist with the Report that night. He had no desire to obstruct business, or to prolong discussion on this matter, but it was a clear understanding that there would be an opportunity for discussion on Report.
§ THE CHANCELLOR OF THE EXCHEQUER (Sir M. HICKS BEACH,) Bristol, W.said he did not wish to press the matter further that night.
§ MR. JOHN REDMONDsaid he was obliged to the right hon. Gentleman for the statement that he would not force the matter on that night.
§ Debate adjourned till to-morrow at Two of the clock.