§ 27. Mr. MILLS (for Dr. MORGAN)asked the Under-Secretary of State for the Colonies what is the present unexpended balance of the European Relief Fund for the Soufrière volcano eruption in 1902–03 in the Island of St. Vincent, British West Indies; how is it invested; what rate of interest is being received; and to what purpose is the interest on this fund devoted?
§ Dr. SHIELSThe unexpended balance of £25,000 of the St. Vincent Eruption Relief Fund, made up from donations from the public in England and elsewhere at the time of the eruptions, is invested by the Crown Agents in Transvaal 3 per cent. Guaranteed Stock. The annual interest derived from this balance, amounting to £750, is credited to general revenue and applied to the relief of the poor.