HC Deb 10 July 1924 vol 175 c2620

Order read for resuming Adjourned Debate on Question proposed on Consideration of Resolution [7th July],

"That this House doth agree with the Committee in the Resolution, That it is expedient,

  1. (1) to authorise the issue out of the Consolidated Fund of such sums, not exceeding in the whole seventeen million pounds, as are required for the further development of the telephonic system and to authorise the Treasury to borrow money, by means of terminable annuities or by the issue of Exchequer bonds, for the issue of such sums or the repayment thereof to the Consolidated Fund, and to provide for the payment of the terminable annuities or of the principal of and interest on any such Exchequer bonds out of moneys provided by Parliament for Post Office services or, if those moneys are insufficient, out of the Consolidated Fund; and
  2. (2) to make provision with respect to the application of sums arising from the sale of any property acquired for the purposes of the telephonic system."

Question again proposed.

Question put, and agreed to.

Bill ordered to be brought in upon the said Resolution by Mr. Hartshorn and Mr. William Graham.

  1. TELEGRAPH (MONEY) BILL, 61 words