709

of the report of the Committee of the Legislature which I appointed to consider the

advisability of raising

Public Loan.

of th

Although

d

I do not

in

agree with the conclusions

the Committee, yet. view of the financial authority of most

of most of its_

members. I decided not to

I am nevertheless

press the matter further immediately.

Jam quite satisfied that the_

raising

{

raising of a loan cannot be deferred longer than a

few

months, and that it will

be

br found

more

advantageous

to raise the loan in London

in gold than locally and in silver; and I have therefore to suggest, with a view to avoiding delay whenever it may be decided to raise the loan, that the Crown Agents be to state all the particulars! which are not already

now desired

in

their

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