arrangement as to repayment, which draft proposes to make; and which will have the effect of foregoing the claims against the
Colony for interest on the instalments
which were in arrear.
225
In the year 1858 the Colony to pay £20,000, being the total
amount due for
that year.
In the years 1869-70-71-72 one fourth of the amount due for arrears, namely £6,250, and the total annual instalment of
£20,000 to be paid - i.e. £26,250
in each
of these years.
Remission of interest to be contingent
on
regular payment of the principle
at the times abovementioned.
Jam. Su.
Your obedient servant,
Her Majesty's Min...