CO882-(6-8) — Page 227

67

Enclosure 2 in No. 58..

STATEMENT Showing steps taken or to be taken to cash in Mauritius the £200,000 raised: by the Crown Agents in England under Ordinance No. 43 of 1902.

Nature of Steps.

Amount.

Discount. Premium.

Date when ('ashed or to be Cashed.

Amonnt Realized or

Remarks.

to Realize.

TAKBN.

Draft drawn by Re- criver General on 9 Jan., 1903, on Na- tional Bank of India, Bombay. Telegraphic transfer on National Bank of India, Bombay,

Rs. 200,000

Rs. 1,000.

Ro.

9 Jan., 1903

200,000

Discounted by

Bank of Mauritius at per cent.

the

300,000

1,500

24 Jan., 1903

300,000

Ditto ditto

of 23 Jan., 1903.

Ditte ditto

500,000

2,500

26 Jan., 1903

Telegram to Crown 1,000,000

Agents of 23 Jan., 1903.

8,750

500,000 Discounted by the Mauritius C'om- mercial Bank at

per cent.

20 Feb., 1903 1,000,000 | To be forwarded, in

8340

No. 59.

GOVERNOR SIR C. BRUCE to THE EARL OF ONSLOW (FOR THE SECRETARY

OF STATE),

(Received 9.40 a.m., March 3, 1903.)

TELEGRAM.

[Answered by L.F. transmitting copy of No. 60.]

Referring to your telegram of 21st February,* re Ordinance 34. Amending Ordinance 1 of 1903 has been passed, including amendment proposed in your telegram of 30th January.†

Referring to your despatches, Nos. 312, 27th December, and 22, 23rd January,‡ and Crown Agents' telegram of 19th February, the whole amount of £200,000, under Ordinance No. 43, may now be raised by debentures, as reported in my telegram of 24th February; Crown Agents can therefore apply £22,000 to general purposes of Colony.

As regards further requirements, they may be instructed to borrow up to £70,000 under Ordinance No. 34, advising me of the amount so raised. It will be unnecessary to raise further funds under Ordinance No. 22.

specie, by National Bank of India, Cal- cutta, by steamier leaving on 31 Jan.. 1903.

8340

Telegram to Crown

Agents of 27 Jan.,

1903.

TO BE TAKEN.

200,000

Remittance to Crown

350,000

Agents for wants of the Colony.

Remittance to Crown

176,000

Agents for invest-

ment

קנו

account

T

of Commissioner's Currency.

Drafts on Bombay and Calcutta in favour

of Government, India, to meet pro- spective require. ments of the Colony. Draft in favour of Postmaster-General, Bombay, to meet requirements for

120,000

-

54,000

Draft in favour of 80,000 400

postal orders,

Bank of Mauritius, Limited.

125

14 Feb., 1903

100,000 Purchased by Blyth per

Brothers at

20 Feb., 1903

cent. premium. 100,000 Purchased by Blythe

Brothers at par.

2,980,000 14,150

125

JAMES J. BROWN,

Receiver-General.

VICTOR SINGERY,

Head Accountant.

Treasury, Mauritius,

January 29, 1903.

ī

No. 60.

COLONIAL OFFICE to CROWN AGENTS.

GENTLEMEN,

[Copy to Governor, March 5, 1903, No. 49. L.F.]

Downing Street, March 4, 1903. WITH reference to the letter from this Department of the 31st of January last. I am directed to inform you that a telegram has been received from the Governor of Mauritius stating that an Ordinance has been passed amending Ordin- ance No. 34 of 1902: (1) In respect to the point referred to in the last paragraph of the above-mentioned letter; and (2) By omitting the proviso to Section 2 (1) of the Ordinance and substituting the following words, viz.: "Provided that the sum so borrowed shall not exceed two hundred and twenty thousand pounds."

2. A copy of the amending Ordinance will be forwarded to you as soon as it is

received.

3. You were instructed, in the letter from this Department of the 25th ultimo,** and previous correspondence, to raise £200,000 by debentures under Ordinance No. 43 of 1902, and the Governor states, with reference to your telegram to the Colony of the 19th ultimo (in which it is understood you stated that £178,000 had altogether been borrowed), that you can, when all of the above-mentioned debentures have been raised, apply £22,000 to the general purposes of the Colony. The tele- gram adds that "as regards further requirements, the Crown Agents may be instructed to borrow up to £70,000 under Ordinance No. 34, advising me of the amount so raised. It will be unnecessary to raise further funds under Ordinance No. 22."

4. A copy of the last-mentioned Ordinance was forwarded to you in the letter from this Department of the 27th of December last.††

5. I am to express approval of your compliance with the Governor's wishes in this matter.

I am, &c.,

H. BERTRAM COX.

• No. 54.

† No. 42.

1 No. 47.

¶ No. 59.

51731 and 2320: not printed.

• No. 57.

§ No. 56. tt Not printed.

19294

[ 2

PUBLIC RECORD

OFFICE

6T

Reference :—

C.O. 882

8 PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH-NOT TO

68