HC Deb 22 July 1924 vol 176 cc1274-5

Resolution reported, That it is expedient to authorise the remission of arrears of principal and interest due to the Public Works Loan Commissioners in respect of Eyemouth Harbour in pursuance of any Act of the present Session relating to Local Loans.

Resolution read a Second time.

Motion made, and Question proposed, "That this House doth agree with the Committee in the said Resolution."

Mr. NEIL MACLEAN

May we have some explanation of this Resolution?

The FINANCIAL SECRETARY to the TREASURY (Mr. William Graham)

In a word the explanation of the Resolution is in the Bill itself, and in the White Paper which was laid by me on the Second Reading of the Bill itself.

Sir F. WISE

I want to put a few questions to the Financial Secretary which came up on the Second Reading of this Bill, and especially in regard to Clause 1, as to whether the £25,000,000 was stock or whether it was—

Mr. SPEAKER

We cannot deal with the matter at this stage.

Colonel GRETTON

. What is the total amount of the sum proposed to be written off and referred to in the Resolution?

Mr. GRAHAM

£200.

Question put, and agreed to.