§ Sir W. Smithersasked the Chancellor of the Exchequer for what reasons the Bank of England advised against the pub- 206W Imperial Contribution paid by the Northern Ireland Government from the start of that Government up to the end of 1936; the sum paid by the Imperial Exchequer to Northern Ireland in the same period; and the respective figures each year under both those headings from 1936 to the end of the financial year 1945–46.
§ Mr. DaltonThe total net Imperial Contribution paid by the Government of Northern Ireland from 1922–23 to the end of 1935–36 amounted to £25,687,000. Payments to Northern Ireland in the same period, including
- (a) payments under the Unemployment Insurance Agreements;
- (b) special grants for Malicious Injuries, Special Constabulary, etc., in the initial years of separation;
- (c) payments for buildings under Sections 24 and 34 of the Government of Ireland Act, 1920; and
- (d) Milk Industry Assistance Grants
amounted in total to £15,787,000.
Details from 1936–37 to 1945–46 are shown in the following table:
lication of the figures of the result of the Birmingham Loan in July; and if he will now give the details.
§ Mr. DaltonThe Bank of England arranged with the Birmingham Corporation 207W for publication on 1st August, the lists having closed on 29th July. As already stated in the Press, private investors took up only just over £1½ million of the stock offered. The National Debt Office, therefore, took up the rest, amounting to nearly £5½ million and have since re-sold it all to private investors at a higher price and at a profit to the taxpayer. This stock, issued in July at 99, now stands at over 103.