HC Deb 12 July 1905 vol 149 c393
MR. WHITLEY (Halifax)

I beg to ask the Secretary of State for the Colonies if the Estimates for the year ending June 30th, 1906, presented to the Transvaal Legislative Council by Sir Arthur Lawley on July 8th last contain any provision for the £30,000,000 war contribution, or any part thereof; and if any steps have been taken to prevent the allocation of the revenue from the Premier Diamond Mine to other purposes until the promised contribution has been made. May I point out that the sum referred to in the Question—£400,000—would exactly provide a sinking fund for the first loan of ten millions?

MR. LYTTELTON

The Estimates have not yet reached me, but they will not contain any such provision. The war contribution loan has not so far been charged by law upon the revenues of the colony, as that is a matter which, as has already been fully explained to the House, has been left for the decision of the new Elective Assembly. The Answer to the latter part of the hon. Member's Question is in the negative.

MR. WHITLEY

Then are we to understand that the revenue from the Premier Diamond Mine is to be allocated to new purposes, and not for the service of the loan?

MR. LYTTELTON

The Government portion of the Premier Mine's profit is allocated by statute.

MR. WHITLEY

Allocated to what?

MR. LYTTELTON

I must refer the hon. Member to the statute.

MR. GIBSON BOWLES

Do not the Government propose to take any steps to procure the £30,000,000, on the faith of which the £35,000,000 loan was guaranteed?

MR. LYTTELTON

The circumstances have been fully debated on many occasions, and the Government have stated their views.

MR. GIBSON BOWLES

They do not, I gather, propose to take any steps.