HC Deb 08 July 1918 vol 108 cc131-2

Considered in Committee.

Resolved, "That the Treasury may borrow in such manner as they think fit on the security of the Consolidated Fund, any sums required for raising the supply

granted to His Majesty for the service of cue year ending on the thirty-first day of March, nineteen hundred and nineteen, and, in addition, a sum not exceeding two hundred and fifty million pounds, and that these shall be charged on the Consolidated Fund,

  1. (a) Any sum which may be required to be so charged in the exercise in connection with any money to be so borrowed of any powers which are given by the War Loan Acts, 1914 to 1917, any other enactment, in connection will money borrowed under the War Loan Acts, 1914 to 1917, or any other enactment; and
  2. (b) Any sums which may be required for the expenses of the redemption of any securities issued for the purpose of money to be so borrowed, and
  3. (c) Any sum which may be required for the remuneration of the banks of England and Ireland in connection with the management of any securities issued for the purpose of money to be so borrowed. And that it is expedient to amend the War Loan (Supplemental Provisions) Act, 1915.—[Mr. Bonar Law.]

Resolution to be reported To-morrow; Committee to sit again To-morrow.

The remaining Orders were read, and postponed.

Whereupon Mr. DEPUTY-SPEAKER, pursuant to the Order of the House of the 13th February, proposed the Question, "That this House do now adjourn."

Question put, and agreed to.

Adjourned accordingly at Nineteen minutes after Eight o'clock.