that as we have

reasonable

to acquaint you succuded in bringing of 2,200 thereaf into circulation during the bist 2 months, and have every prospect of being able to work off at least $ 12,000 within the next 12 months without any abatement on

the nominal value,

we are not

vou

disposed to enter into any arrangement

your Government which will

with

involve

a

Sacrifice.

At the same,

rve ANRÍ

time, however,

& quite willing to assist your immediate wants, and to place $ 10,000 or $ 15,000 at your dis pasal either in Cents or Mils,

one ov

both,

to be returned to us when convenient

use

367

your Government with interest for

at the rate of 2 per cent for

Your Government will of r

per

CAFAJNARITE;

course have to pary Freight and Insurance, well from Hong Hong

to Singapore, as back again.

I have to

(signed) J. Gardiner Austin,

Colonial Secretway:

(True Capy)

AL

Colassical Secretary.

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