Interest was charged at very high rates for overdue loans of this.
The national government has since assumed responsibility for all these provincial loans abroad.
The authorized colonial loans, omitting Algeria and Tunisia, during the period 1884f 904 amounted to 19,200,000, the sums paid for interest and sinking funds on loans varying from 600,000 to 800,000 a year.
If you are struggling to pay your debts, looking into Bank One loans may be an answer.
The following table gives the net loans outstanding of the several classes of local authorities in London at the 31st of March 1908 :/n==Authorities== - Full details and figures relating to the finance of London will be found in the parliamentary papers Local Taxation Returns (England and Wales), part iv.