HC Deb 14 March 1906 vol 153 cc1262-3
MR. LONSDALE

I beg to ask the First Lord of the Treasury whether he is aware that the fall in South African stocks, as the result of the uncertainty and delay in the settlement of affairs in South Africa, has involved British investors in a loss which is estimated at upwards of £90,000,000 sterling, while business in the Transvaal is being crippled by the same cause; and whether speedy measures will be adopted to place the Government of the Transvaal upon a stable basis.

SIR H. CAMPBELL-BANNERMAN

The Government are in no way responsible, as the hon. Gentleman appears to imply, for the results that he tells us have attended the financial operations which have been carried on in connection with the South African mines. The steps which are now being taken by His Majesty's Government will I hope result in placing the Government of the Transvaal upon a stable basis.