HC Deb 25 February 1914 vol 58 cc1768-9
60. Mr. GINNELL

asked the Secretary to the Treasury if he will furnish the House with the latest direction given by the Treasury to the Irish Land Commission with reference to the rate of interest at which the Sinking Fund portions of Irish land purchase annuities are now deemed to accumulate, having regard to the rate of interest at which those payments into the Sinking Fund are now invested by the National Debt Commissioners?

The FINANCIAL SECRETARY to the TREASURY (Mr. Montagu)

The latest directions are contained in Rule 16 of the Irish Land (Finance) Rules, 1912.

62. Mr. GINNELL

asked the Secretary to the Treasury if he will furnish the House with copies of the latest accumulation tables relating to Irish land purchase supplied by the National Debt Commissioners to the Irish Land Commission?

Mr. MONTAGU

I will circulate copies of the tables with the Votes. I may explain that these tables are simply an adaptation of the usual published table showing the amount to which £1 per annum, payable half-yearly, would accumulate at 2¾ per cent. and 3 per cent., respectively, over periods of years.—[See Written Answers this date.]