& this clause he offers to comply with one to the effect that in the part should Cashe this become a debit due to the free bearing 5p.c. interest repayable in five years.
M. Wright appears to understand this to mean 5% of the grant, but this would be o the Bishop's favour. letter certainly makes the interest to date from the withdrawal of the school.
As to the first request $10,000 would be more than half. The Estal outlay Here is impossible, but Vie Bowen recommends a grant of $6000, the total cost being $14,400.
V. Bowen also recommends compliance with the accord while the Bishop's out: request.
That the Attorney General has expressed his opinion that the reservation asked for by the Bishop is practically unnecessary under the terms of the Code, although the Bishop has been advised otherwise.
I would grant the $6000 as recommended by Mr. Bowen.
I do not like the reservation nor the proposal for repaying the $5000; to enforce repayment might be unpleasant and might be impossible as yet in refusing the reservation we are in the Attorney General's opinion.