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publish its intention to raise Lown of 14,000,000 dollars on
the terms proposed, and state that 10,000,000 dollars have beon
subscribed, and should invite public subscription of the
Both Banks want to know the
remaining 4,000,000 dollars.
date of issue which should be as soon as possible after passing
of the Ordinance, which will be passed immediately the Crow
Agents have given notice of redemption of the present Loan.
I recommend that a Loan of 25,000,000 dollars should be authorised
by the Ordinance (vide my telegram of the 6th January).
Only 14,000,000 dollars would be raised now.
soon as possible.
Please reply a