Skip to main content

Exchequer Bonds (£1,300,000) Bill

Volume 203: debated on Thursday 14 July 1870

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Resolutions reported;

  • (1.) "That, towards making good the Supply granted to Her Majesty, the Commissioners of Her Majesty's Treasury be authorised to raise any sum of money, not exceeding £1,300,000, by the issue of Exchequer Bonds."
  • (2.) "That the principal of all Exchequer Bonds which may be so issued shall be paid off at par, at any period not exceeding five years from the date of such Bonds."
  • (3.) "That the interest of such Bonds shall be payable half-yearly, and shall be charged upon and issued out of the Consolidated Fund of the United Kingdom, or the growing produce thereof."
  • Resolutions agreed to: — Bill ordered to be brought in by Mr. DODSON, Mr. CHANCELLOR of the EXCHEQUER, and Mr. STANSFELD.

    Bill presented, and read the first time.