HC Deb 22 June 1903 vol 124 cc80-1
MR. POWER (Waterford, E.)

To ask the Chief Secretary to the Lord Lieutenant of Ireland whether his attention has been called to the Resolution adopted by the Kilmacthomas, Carrick-on-Suir, and other Boards of Guardians in Ireland, declaring that, owing to the reduction of the interest on the British National Debt from 3 per cent. at time of purchase to 2½ per cent., the tenant purchasers under the Ashbourne Acts are now paying 10s. per cent. more than they equitably should; and whether he will accept or insert a Clause in the Land Bill to deal with this matter.

MR. WYNDHAM

Advances under the Ashbourne Acts were made by the issue of Local Loans Stock which carried, and still carries, a 3 per cent. dividend. This is not affected by fluctuations in the dividends on Consols.

MR. DILLON

When will the stock be redeemable?

MR. WYNDHAM

I think in 1912.