HC Deb 16 May 1906 vol 157 c495
MR. THOMAS O'DONNELL (Kerry, W.)

I beg to ask Mr. Chancellor of the Exchequer what is the total amount of stock issued under the Land Purchase Act, 1903, up to March, 1906, the actual cash received, the loss on flotation, the annual charge for the repayment of this loss, and from what source does it come.

MR. ASQUITH

The total amount of stock issued under the Land Purchase Act, 1903, up to March, 1906, was £13,201,444 8s. 9d. The actual cash received was £11,691,454 1s. 8d., and the difference was £1,509,990 7s. 1d. The annual charge for the repayment of this difference is £49,074 13s. 8d., of which £44,653 6s. 9d. is in respect of advances and is paid from the guarantee fund; and the remainder, £4,421 6s. 11d., is in respect of the Land Purchase Aid Fund, and forms part of the amount provided under Subhead G of the Vote for the Irish Land Commission.