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you
at present any necessity for making further remittances to the Crown Agents and, as you will see in Mr. Mercer's letter, I have thought it more advisable therefore to guarantee the Bills drawn by Mr. Sampson, than to advance the actual money.
The Government of British Guiana will not suffer any loss by this alteration, for Bills thus endorsed are negotiable at the same rate of exchange that in which this Government was formerly reimbursed for advances.
I should be glad, however, when the number of Emigrants required for the ensuing season is determined upon, to receive some intimation of the extent to which this Government may safely guarantee Mr. Sampson's drafts.
I have the honor to be,
Sir,
your most Obedient Servant,
E