§ Colonel YATEasked the Financial Secretary to the War Office, as representing the Secretary of State for India, whether any percentage commission has been paid to Mr. Horace H. Scott, of the firm of Messrs. R. Nivison and Company, for placing loans to banks and firms from the balances in the hands of the Secretary of State; if so, what was the percentage and what is the total aggregate amount of such commission that has been paid for each year since 1908 up to date; whether the firm of Messrs. R. Nivison and Company either promote companies or underwrite; and whether Mr. Scott was formerly a partner of Messrs. Sheppards and Company, a firm on the list of approved borrowers?
§ Mr. H. BAKERsupplied the following figures:—
Interest Earned. Payments to Brokers. £ £ 1908 52,828 … 2,642 1909 127,909 … 6,396 1910 367,352 … 12,728 1911 408,433 … 10,544 1912 (up to 14th December) 428,457 … 7,958