HC Deb 27 March 1905 vol 143 cc1173-4
MR. McCRAE (Edinburgh, E.)

To ask the Secretary of State for the Colonies whether the guarantors of the first instalment of £10,000,000 of the £30,000,000 Transvaal Loan stipulated as a condition of their guarantee that any premiums which might be received on the issue of any part of the £30,000,000 should be paid into the Transvaal Treasury; and whether this condition was agreed to by Lord Milner.

(Answered by Mr. Secretary Lyttelton.) It was stated by the guarantors in a letter to Lord Milner that this was so understood, and Lord Milner informed * We are informed that this Question and Answer were accidentally omitted from the Votes of March 16th. them, in reply, that, although he was not in a position to commit His Majesty's Government, he believed it was never intended that His Majesty's Government should receive under the arrangement more than £30,000,000. I would refer the hon. Member to pages 2 and 4 of Cd. 1895.