HC Deb 21 November 1946 vol 430 cc1020-1
66. Vice-Admiral Taylor

asked the Chancellor of the Exchequer if there is any record at the Treasury of the terms on which the annuities granted to the Duke of Marlborough, the Duke of Wellington and Lord Rodney were commuted; and what these terms were.

Mr. Dalton

As the answer contains a number of figures I will, with permission, circulate it in the OFFICIAL REPORT.

The following is the answer:

The Marlborough annuity of £4,000 was commuted in 1884 for £107,780.

The Rodney annuity of £2,000 was commuted in 1925 for £42,000.

The Wellington annuity of £4,000 Was granted to the first Duke and his two next heirs male. It expired on the death of the third Duke in 1900.