§ 41. Mr. RUPERT GWYNNE
asked if it is to be understood from Messrs. Montagu and Company's letter to the India Office of 5th March, 1912, in which they propose to abstain from buying silver for a day, as the appearance of having no silver for sale is likely to provoke comment, that Messrs. Montagu and Company were selling as well as buying for the 1257 Government, or does the suggested sale refer to transactions in which the Government had no concern?
§ 42. Mr. GWYNNE
asked the Under-Secretary of State for India if he will explain what the loss of interest was in respect of which Messrs. Samuel Montagu and Company charged one-thirty-second of a penny above the cash price of silver to compensate themselves, as stated in their letter of 21st May, 1912; and, as the letter conveys no information as to this loss, will he say whether the letter is published in full or is only an extract, or is the information as to the loss of interest contained in other correspondence not published; and, if so, will he publish it?
The interest was on the cost of certain silver which the firm bought for cash and paid for under instructions, but for which payment by the Secretary of State was postponed for some days. The letter is published in full; there is no other correspondence on the subject.
I cannot give the hon. Member the number. It is in the correspondence which was published.
I am afraid I have not the correspondence here, and I cannot tell in which section it came.