§ SIR M. HICKS BEACHTo ask the Secretary of State for the Colonies what advances have been made or sanctioned to the Gold Coast, Lagos, and Niger Coast Protectorate, for the construction of railways and harbours under the Colonial Loans Act, 1899; at what rate of interest; and will the whole amounts sanctioned by that Act be required by these colonies.
(Answered by Mr. Secretary Lyttelton.) No advance has been made or sanctioned, or is now likely to be made, to the Gold Coast or to the Niger Coast Protectorate, under the Colonial Loans Act, 1899. To Lagos the whole amount sanctioned by the Act has been advanced, viz.: £792,400, at 3¼ per cent.