London, Mar. 10.
Ta the House of Commons to-day, ©ommander Hilton-Young, in moving a resolution, authorizing the expenditure of £950,000 to pay the balance of 19 shillings per share en the million ordinary pound shares of the Anglo-Persian Oil Ca., held by the Government, en which only a shilling per share had been paid, stated that, despite the recent successful issue, the capital of the Company required to be substantially increased, in order to develop a more profitable undertaking, especially by constituting oil-Eankers. liability seriously hindered the Company from obtaining money, as the Government still retained full control of the Company.
The resolution was agreed to by 192 votes to 21.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.