185

inform you that it has been

my

)

carnest endeavour, by practising

the strictest

economy, and

carefully checking all expenditure,

not actually necessary,

His Excellency Sir George Bowen, proposals which, it is hoped, may

· prove satisfactory, will be submitted for your approval.

to avoid

3.

running into debt at the Bank;

and I am glad to

2

have,

as

yet, been

say

no

C

there

overdrawals

of the Government Account.

Your instructions in

this matter will be carefully

attended to, and on the

Legislative Conneil being assembled for the purpose by

Pis

In the meantime, I –

venture to ask whether the Imperial Government is disposed to make

an

exception to the rule in this instance, and guarantee the Loan about to be negotiated, to enable the Colony to raise the required #1000,000 amount (say One million dollars)

at the lowest possible rate of

interest.

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