§ VISCOUNT CASTLEREAGH (Maidstone)
To ask the Chief Secretary to the Lord-Lieutenant of Ireland whether, under the new Irish Land Bill, it is proposed that vendors under agreements lodged before 1st November should have the option of taking, in lieu of cash, either Two and three-quarters per cent. Guaranteed Stock at a minimum of 92, on the lines proposed by the
§ the County of Galway is as follows, viz.—
§ Departmental Committee of the Treasury, or the proposed new Three per cent. Stock at its face value; and whether vendors subsequent to 1st November will have any option or will be compelled to accept payment in Three per cent. Stock only.
§ (Answered by Mr. Hobhouse.) I would refer the noble Lord to Clauses 3 (2) and 3 (3) of the Bill which has just been issued.