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Unpaid Old Transvaal Loan

Volume 181: debated on Friday 23 August 1907

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To ask the Secretary to the Treasury whether he will now make further inquiries from the National Debt Office and the Exchequer arid Audit Department regarding the sum of £1,800,000 Old Transvaal Loan which is as yet unpaid and which has been allowed to remain outstanding; and will he explain the circumstances under which this money has been allowed to remain outstanding, and what he now proposes to do in this matter. (Answered by Mr. Runsiman.) The hon. Member has been misinformed. The old debt of the Transvaal was redeemed out of the first guaranteed loan, and there is no sum outstanding.