122
which it should have been referred. It would seem that no proposal had been made by the Company to the Government which the Government could prudently have adopted, and which would not have excited the greatest discontent among the inhabitants. If the matter were to be brought to light it would probably be much better that the Government should give the utmost publicity to the precise terms which it would be prepared to give (except of course the mere matter of payment in the hope that speculation might be taken up by persons of capital interested in the prosperity of the Colony) on reasonable terms as is the case in this Country.
10- But I think that the matter should be referred back to the new Governor with a request that he will examine the project and if it shall appear practicable will bring it before the Secretary of State in such a shape as may render a decision possible.
11- Meantime, as the office of the Registrar of Joint Stock Companies should contain carefully framed deeds constituting such Companies, I would suggest that I...
Page 122
has been adjusted to proper paragraph structure and minor OCR errors have been corrected. The text has been formatted according to the given rules, with a focus on correcting spelling errors, fixing spacing issues, and restoring proper paragraph breaks. The original page numbering has been preserved as per the instructions.