Dass half, leaving the Colong with its

railway and

I cann

Al

debt th

The only weak point in this scheme that

Ane

is that is the early years

pon the Colong

it world.

the burden of providing 4th to

%

j

+1200000

ic to4.00s f

To meet this

we might provide that, from the fist, general

Revere

*

5.7.43

13 at 170

2157

Residua

plans in Christ

& there

He colony in have 6 fuse

ond Receive, from the Chinese refregerunts, interest an

a

Sum equat

to the difference between 454 ove

And the auch interist at 4/1⁄2%

· cost of the railway

starla efther

the foll

w them tart is rader

LAR

the actual

only

cart year. to provide South & 5.2.~

The Colony

the actual

Cost of the Railway.

This Wh, of course, matinally there wind us laut pay

by the opend on these in other draw terer & the

Ruilung,

but even to

lessen the Arcents available for baging for I que hope that with

the

night

the CA as we

The scramble thrungt

without having to cosime. Stick for the Railway.

It must be confessed that the

purpose a Deben lures

simplicity.

CA.

hes the march I

Dr.

20/10

A Debenture Loan, which cometh be a Juustel

Lecurity,

on

ar which learns fixed currency

& is redemmable by

a

10 to sucking fund by

mical drawings, will ich appeal to the investor and will go to the bracket for

"I doubt it reclining to "floaters

Leigh a

price in the Cr. Apunts audicifull and it si curtainly reverting to a very antiquated

.207

and unpopular form of berrewing

Fout there is us rexton

co by a separate.

ordeaux bould with be passed providing for raising this can either bey debentures

funeral traux Junilued flaite

or wunder the fee

Ordnance

no alteration of the lather borraising he already

i durable au

Laken place under it and the Crlegenti

propose

to

foren they

Can report later on in which

buake the inse they doubt, supply adrap

Into al ave.

backenen the Kay Khang will

Sclaves have liberan burden. Zerfach.

us

bremane

21/10

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