the past year with the sanction
of
Your Lordship and
of
the
of
withdrawn during the con
the present year; wh will become necessary
47
Colonial Legislatur, have
rendered it nee
necessary to
withdraw considerable sums
of money
which had been
placed in deposit at 5 per
cent interest in the Local
Banks.
2. I am advised that
...
realize a
portion of
the
investments made in London
by ...
Crown
Agents;
ents; which
amounted on the
same
date to £76, ... ?. ?.
3. I agree with
the
Executive Counc's that the
it is
not improbable that
Crown
agents
should be
the whole
of
these local
deposits amounting
the 31st December last
to
$ 615,000, will have to be
withdrawn.
informed of the circumstances
stated above; and
suggest that they should
be asked
whether they could:...