245/

245'

Il

#

maccuracy

"because I did not venture

to say that the offer of upwards of

300,000 dollars was made by a bidder "

to que ofe

of a

As I have no other conception

a man who "bido" than

makes an offer

makrés

ww

mon

of

offer than

as one

man,

whio

who

as one who "bido",

I confefs such a distinction without a difference, us laid down

seems to

thad

me

by the Memorialists,

punerite und unmeaning. I

quoted for their information a

statement advanced

in a despatch from Buckingham to

the Duke of ... 18,

st.

to the effect that more than $300,000,

last $365,000 had been actually offered

CLO

the Annual License Fee. Whether

it was

a bid or an

"offer" seems quite

to of State No 439 30th January

1868

immaterial. I could as easily have

11

accepted it, and obtained the advance caution money from the parties offering it, as if they had bid, and I have no reason to regard such offer as less "bona fide" than that, which was

whilst there

was no

mode in which

made

M.

that

accepteds

difference in the

any of the offers viz by written tender.

vere

The Memorialists, however, insinuate

after all a lower bid with "good security" might be equivalent to the highest. That is precisely one of the

many exceptions which can be

easily predicated of all such transactions, and yet admits of no refutation. I confefs it to be easier to ensure fundival

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