HC Deb 16 May 1907 vol 174 cc1080-2
SIR F. BANBURY (City of London)

To ask the Under-Secretary of State for the Colonies if he will state the objects to which the £35,000,000 loan to the Transvaal, guaranteed by Great Britain, has been applied, showing what amounts have been allocated to each item of expenditure.

(Answered by Mr. Churchill.) The account up to 28th February last is as follows:—

£ s. d. £ s. d. £ s. d.
Cost of raising loan — — 407,162 19 0
Head I. Existing liabilities of the Transvaal and Orange River Colony:—
(a) Deficit of the Transvaal for 1901–2 — 541,509 11 6
(b) Former debt of South African Republic — 2,499,880 0 0
(c) Compensation to loyalists:
Natal 500,285 15 7
Cape Colony 1,060,565 19 5
1,560,815 15 0
4,602,241 6 6
Head II. Acquisition of existing railways in the Transvaal and Orange River Colony — — 13,077,619 1 1
Head III. Repatriation and compensation in the Transvaal and Orange River Colony:—
(a) Advances by way of loan—
Transvaal 2,212,730 4 7
Orange River Colony 506,625 15 5
(b) Other charges — 2,719,356 0 0
Transvaal 3,602,020 13 8
Orange River Colony 934,908 16 1
4,536,929 9 9
7,256,285 9 9
Head IV New development in the Transvaal and Orange River Colony:—
(a) New railways — 3,818,308 0 0
(b) Land settlement:—
Transvaal 1,219,924 10 4
Orange River Colony 1,230,000 0 0
(c)Other public works: 2,449,924 10 4
Transvaal 1,290,717 0 2
Orange River Colony 500,000 0 0
Railway Department: Improvement of railways 1,542,000 0 0
3,332,717 0 2
9,600,949 10 6
Balance unissued — — 55,741 13 2
35,000,000 0 0