HC Deb 28 May 1902 vol 108 cc879-83

Considered in Committee.

(In the Committee.)

(Mr. JEFFREYS, Hampshire, N., in the Chair.)

Clause 1 :—

(11.34.) MR. DILLON

moved to reduce the amount of the loan from £32,000,000 to £25,000,000. This would still leave the Chancellor of the Exchequer a margin of £5,000,000 over and above the total Estimates of the year. That was more than sufficient for all purposes of sound finance. If, owing to the misconduct of the Government, the present peace negotiations

broke down, and the war had to be continued, it would be extremely wholesome and desirable that the Chancellor of the Exchequer should be obliged to come to the House for an additional loan before the end of the present session. The House in that way would not part with its control over the conduct of the war at so critical a time as the present, as it would do by giving the Chancellor of the Exchequer a sufficient margin to carry on the war to the end of the year.

Amendment proposed— In line 16, to leave out the words 'thirty-two,' and insert the words 'twenty-live.'"—(Mr. Dillon.)

Question proposed, "That the words 'thirty-two' stand part of the Clause."

* THE CHANCELLOR OF THE EXCHEQUER (Sir M. HICKS BEACH,) Bristol, W.

It may be right or it may be wrong that the House should sanction this Bill; but it is impossible, I think, for it to agree to this Amendment. The House has already, by Resolution and by passing the Second Reading of the Bill, assented to the loan being issued. The loan has been issued, and the money has been borrowed; therefore, it is absolutely impossible that the amount of the loan should be diminished. If the House should decline, on the Third Reading of the Bill, to assent to the loan altogether, we should change our side of the House. But the loan would still have been issued, and the country would still be liable for it. I do not think the anticipations of the hon. Member with regard to the use of the money can possibly come true, because, the money having been borrowed, it will be available to pay off floating debt to the extent to which it is not required for other purposes. I hope, therefore, he will not put the House to the trouble of dividing on the Amendment.

(11.38.) Question put.

The Committee divided:—Ayes, 174; Noes, 43. (Division List No. 183.)

AYES.
Acland-Hood, Capt. Sir Alex. F. Arkwright, John Stanhope Asquith, Rt. Hn. Herbert Henry
Agnew, Sir Andrew Noel Arnold-Forster. Hugh O. Atkinson, Rt. Hon. John
Anson, Sir William Reynell Arrol, Sir William Bagot, Capt. Josceline FitzRoy
Bain, Colonel James Robert Flower, Ernest Nicol, Donald Ninian
Balcarres, Lord Forster, Henry William Palmer, Walter (Salisbury)
Balfour, Rt. Hon. A. J. (Manch'r Foster, Philip S. (Warwick, S. W. Parkes, Ebenezer
Balfour, Rt Hn Gerald W. (Leeds Galloway, William Johnson Partington, Oswald
Banbury, Frederick George Godson, Sir Augustus Frederick Pemberton, John S. G.
Beach, Rt Hn. Sir Michael Hicks Gordon, Hn. J. E. (Elgin & Nairn Piatt-Higgins, Frederick
Beresford, Lord Chas, William Gordon, J. (Londonderry, S.) Plummer, Walter R.
Bignold, Arthur Gordon, Maj Evans-(T'rH'mlets Powell, Sir Francis Sharp
Blundell, Colonel Henry Gorst, Rt. Hon. Sir John Eldon Pretyman, Ernest George
Boscawen, Arthur Griffith- Goschen, Hon. George Joachim Pryce-Jones, Lt.-Col. Edward
Bowles, T. Gibson (King's Lynn Gretton, John Purvis, Robert
Brassey, Albert Groves, James Grimble Raseh, Major Frederic Carne
Brodrick, Ht. Hon. St. John Halsey, Rt. Hon. Thomas F. Reid, James (Greenock)
Brookfield, Colonel Montagu Hamilton, Rt Hn L'rd G (Midd'x Renshaw, Charles Bine
Brown, George M. (Edinburgh) Hay, Hon. Claude George Renwick, George
Butcher, John George Hayne, Rt. Hon. Charles Seale- Rickett, J. Compton
Caldwell, James Helme, Norval Watson Ritchie, Rt. Hn. Chas. Thomson
Carlile, William Walter Henderson, Alexander Roberts, Samuel (Sheffield)
Carson, Rt. Hon. Sir Edw. H. Hope, J. F (Sheffield, Brightside Ropner, Colonel Robert
Cautley, Henry Strother Houldsworth, Sir Wm. Henry Round, James
Cavendish, R. F. (N. Lancs.) Hozier, Hon. James Henry Cecil Rutherford, John
Cavendish, V. C. W. (Derbyshire Jebb, Sir Richard Claverhouse Sackville, Col. S. G. Stopford-
Cayzer, Sir Charles William Jessel, Captain Herbert Merton Seely, Charles Hilton (Lincoln)
Cecil, Evelyn (Aston Manor) Johnston, William (Belfast) Sinclair, John (Forfarshire)
Cecil, Lord Hugh (Greenwich) Johnstone, Heywood (Sussex) Smith, H C (North'mb, Tyneside
Chamberlain, J. Austen (Worc'r Jones, William (Carnarvonshire Stanley, Lord (Lancs.)
Chapman, Edward Kenyon-Slaney, Col. W. (Salop. Stroyan, John
Chacrington, Spencer Lawson, John Grant Talbot, Lord E. (Chichester)
Churchill, Winston Spencer Leese, Sir Joseph F. (Accrington Thomas, David Alfred (Merthyr
Coghill, Douglas Harry Leigh, Sir Joseph Thomas, J A (Glamorgan, Gower
Cohen, Benjamin Louis Leigh-Bennett, Henry Currie Thomson, F. W. (York, W. R.)
Collings, Rt. Hon. Jesse Leng, Sir John Thornton, Percy M.
Colomb, Sir John Charles Ready Leveson-Gower, Frederick N. S. Tomlinson, Wm. Edw. Murray
Corbett, A. Cameron (Glasgow) Loder, Gerald Walter Erskine Tonlmin, George
Corbett, T. L. (Down, North) Long, Col. Chas, W. (Evesham) Tuke, Sir John Batty
Cranborne, Viscount Long, Rt. Hn. Walter (Bristol, S) Valentia, Viscount
Dalkeith, Earl of Lonsdale, John Brownlee Vincent, Cl. Sir C. E. H. (Sheffield
Denny, Colonel Loyd, Archie Kirkman Walker, Col. William Hall
Dewar, John A. (Inverness-sh.) Lucas, Col. Francis (Lowestoft) Wanklyn, James Leslie
Dickson, Charles Scott Lucas, Reginald J. (Portsmouth Warr, Augustus Frederick
Dorington, Sir John Edward Lyttelton, Hon. Alfred Wason, John Cathcart (Orkney
Doughty, George Macdona, John Cumming Webb, Colonel William George
Douglas, Rt. Hon. A. Akers- MacIver, David (Liverpool) Weir, James Galloway
Duke, Henry Edward M'Arthur, Charles (Liverpool) Welby, Sir Charles G. E. (Notts.
Dyke, Rt. Hon. Sir William Hart M'Crae, George Whitmore, Charles Algernon
Elibank, Master of M'Killop, James (Stirlingshire) Wilson, John (Glasgow)
Elliot, Hon. A. Ralph Douglas Majendie, James A. H. Wilson, J. W. (Worcestersh, N.)
Faber, Edmund B. (Hants., W.) Martin, Richard Biddulph Wilson-Todd, Wm. H. (Yorks.)
Faber, George Denison (York) Maxwell, W. J. H (Dumfriessh.) Wodehouse, Rt. Hn. E. R. (Bath)
Fardell, Sir T. George Montagu, G. (Huntingdon) Wortley, Rt. Hn. C. B. Stuart-
Fellowes, Hon. Ailwyn Edward Monagu, Hon. J. Scott (Hants.) Wyndham, Rt. Hon. George
Fergusson, Rt. Hn. Sir J. (Manc'r Moon, Edward Robert Pacy Yerburgh, Robert Armstrong
Fielden, Edward Brocklehurst Morgan, David J. (Walth'mstow
Finch, George H. Morrell, George Herbert
Finlay, Sir Robert Bannatyne Morton, Arthur H. A. (Deptford TELLERS FOR THE AYES—
Fisher, William Hayes Mount, William Arthur Sir William Walrond and Mr. Anstruther.
Fitzroy, Hon. Edward Algernon Murray, Charles J. (Coventry)
NOES.
Abraham, William (Cork, N. E.) Healy, Timothy Michael O'Brien, Patrick (Kilkenny)
Blake, Edward Hope, John Deans (Fife, West) O'Brien, P. J. (Tipperary, N.)
Boland, John Joyce, Michael O'Connor, James (Wicklow, W.)
Burke, E. Haviland- Levy, Maurice O' Malley, William
Campbell, John (Armagh, S.) MacDonnell, Dr. Mark A. Power, Patrick Joseph
Channing, Francis Allston MacNeill, John Gordon Swift Redmond, John E. (Waterford)
Clancy, John Joseph MacVeagh, Jeremiah Roberts, John Bryn (Eifion)
Crean, Eugene M'Govern, T. Shaw, Charles Edw. (Stafford)
Cremer, William Randal M'Hugh, Patrick A. Sullivan, Donal
Delany, William M'Kean, John White, Luke (York, E. R.)
Dillon, John M'Killop, W. (Sligo, North) Whitley, J. H. (Halifax)
Doogan, P. C. Markham, Arthur Basil
Ffrench, Peter Mooney, John J.
Flynn, James Christopher Nannetti, Joseph P. TELLERS FOR THE NOES—
Gilhooly, James Nolan, Joseph (Louth, South) Sir Thomas Esmonde and
Goddard, Daniel Ford O' Brien, Kendal (Tipp'rary Mid Captain Donelan.

First Resolution read a second time.

Clause agreed to.

Clause 2 agreed to.

Bill reported, without Amendment; to be read the third time upon Monday next.