§ Sir CLEMENT KINLOCH-COOKE
asked the Parliamentary Secretary to the Treasury whether he will inform the House how much of the Transvaal loan of £5,000,000 guaranteed by the Imperial Government has been raised and how much of the money has been expended; and to what specific purposes the money has been applied and particularly how much, if any, has been allocated to agricultural development, irrigation purposes, land bank operations, and pensions, respectively?
MASTER of ELI BANK
Four million pounds have been raised, and the following are the amounts according to the finance accounts of the Transvaal issued from the Exchequer up to 30th June, 1909:
making a total, including the cost of raising the money, of £1,538,923 9s. 2d. I have no later information.
Transvaal Land and Agricultural Bank £950,000 Railways 325,000 Irrigation 14,750 Agricultural settlement and development 55,600
§ MASTER of ELIBANK
I shall be glad if the hon. Gentleman will put that question to my right hon. Friend the Under-Secretary for the Colonies, whom I hope will be in his place to-morrow.