§ MR. JOHN O'CONNOR (Kildare, N.)To ask the Secretary to the Treasury if he will state the total amount of stock issued up to the 31st March last, for the purposes of the Irish Land Act, 1903; the total cost of its flotation; the annual liability of the Irish Development Grant Fund in respect of the same; and the present capital liability of that fund.
§ (Answered by Mr. Runciman.) The total amount of Guaranteed 2¾ per cent. Stock issued to 31st March, l907, has been—
| £ | s. | d. | |
| For the purposes of advances | 19,300,000 | 0 | 0 |
| For the purpose of the Land Purchase Aid Fund | 1,901,444 | 8 | 9 |
| £21,201,444 | 8 | 9 |
§ The total amount of the expenses incurred in the issue of the above stock has been £42,616 14s. 9d.The annual liability of the Ireland Development Grant is limited to an annuity of 3¼ per cent, on the excess stock issued in respect of advances. This annuity at present amounts to £70,253. The present capital liability to be made good from the Ireland Development Grant amounts to £2,143,031.