HC Deb 12 November 1908 vol 196 c520
MR. NOLAN (Louth, S.)

To ask Mr. Chancellor of the Exchequer whether the Chartered Company of Rhodesia have requested His Majesty's Government to guarantee a loan for £10,000,000 in the interest of railway and other enterprises in Africa; and, if so, whether the Government has definitely declined to do so.

(Answered by Mr. Lloyd-George.) The hon. Member is mistaken as to the form of the request made by the British South African Company. Through their solicitor they invited the Treasury to guarantee the interest on railway debenture issues in Rhodesia, but His Majesty's Government felt obliged to inform them that, while they were in sympathy with the good administrative work which is being done under the charter, they could not give the company a guarantee.