29 MARCH 1879, Page 2

Mr. E. Stanhope, very late on Thursday night, made a

most serious proposition. He asked, on behalf of the Government,. that borrowing powers of ten millions should be granted to the India Office, alleging BA the reason that the Council might be in a position, from the absence of demand for their bills, "in

which they could not pay their way." He pleaded urgency, and asked the House to abstain from discussion, but this was too much even for Lord Beaconsfield's faithful Commons. Mr. Goschen, Mr. Fawcett, and Mr. Courtney absolutely refused to ab- stain from discussion, Mr. Goschen mentioning that the proposal would be discussed in every City circle, and that the project of a loan had already oozed out, greatly raising the price of silver.