§ MR. ROSEI beg to ask the Secretary of State for the Colonies if he can state whether, in the undertaking given by the financial groups to underwrite the first £10,000,000 of the £30,000,000 Transvaal Contribution Loan, any limit of time, either as to issue of the loan or payment by them, is included in their underwriting guarantee.
§ MR.J. CHAMBERLAINIt is agreed that the guarantee cannot be called on before January, 1904, but otherwise there is no definite stipulation. The exact form of guarantee cannot be fixed until it is possible to forecast with some certainty the date of the issue of the first instalment.