§ 32. Mr. GODFREY LOCKER-LAMPSON
asked what is the estimated value at the 1797 most recent convenient date of the assets and liabilities of the Irish Church Temporalities Fund?
§ Mr. MASTERMAN
No recent valuation of the assets of the Irish Church Temporalities Fund has been made, and it is not possible to form a trustworthy actuarial estimate of the prospective capital value of the fund, having regard to the difficulty of forecasting redemption of revenue, owing to the uncertainty as to the rate of completion of land purchase and for other reasons.
§ Mr. G. LOCKER-LAMPSON
What will happen supposing it is found that there is not enough money to pay the Department of Agriculture and Technical Instruction the £70,000 a year?