8.

2. 387

I am bound to

sary

that his facts have

proved generally correct, that his.

apparently

over-

sanguine anticipations appear capable of being fully realized, and that the profits arid advantages from the project seein to have been, or

on

the whole; rather than over-stated, pur

Sednitary,

In the reply of the Colonial

dated 11th Auguet, 1887,

written wider the direction of Majors

General Cameron, then aducinistering the Government, Mr Chater u informed that the Government was disposed to approve of the project:

and

and would prefer that it should be

carried out.

bay

the marine lot-holdin

at their expence and risk, but in_

care

objection

of necessity would have no to undertake the work itself " in

"Conjuncation with the consenting. "majority of the lot holders, subject in either case to certain specified

Conditions. As these conditions, are

of

` great bugth I will not encumber this despatch with their reapitulation, but beg to refer . Your Lordship to the

Stated in brief, however,

letter

ibelf.

they are that the whole work

should

Page 390Page 391

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