§ MR. BLACK (Banffshire)
To ask Mr. Chancellor of the Exchequer whether he anticipates any recovery for the Imperial Exchequer from the Transvaal gold mines during the current financial year; and, if so, how will it be applied.
(Answer.) I have already informed the House that it is our intention, after the termination of hostilities, to earmark certain sources of revenue in the Transvaal and to apply them from time to time to the service of some portion of the loans raised for the war. No time will be lost in making arrangements for this purpose, but whether any sum will be available from this source during the present financial year I cannot at present say. It depends largely on the rapidity with which the main industries of the country, and the revenue, recover from the effects of the war.—(Treasury.)