4.
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are amply sufficient to Crown Agents meet such demands for some time to come.
Any sum advanced to the Colony will involve a loss to the ... at the rate of 6 per cent per annum.
It will be necessary, therefore, that you make some other provision with the Crown Agents for supplying your agency with funds you may require.
With regard to this particular amount of $9340, should it be inconvenient to be forced into the public markets without previous warning (which it is hoped it will not be), His Excellency the Governor will direct a warrant for this sum to be passed in your favor, as was done for you before, and he hopes you will be able to dispense with this assistance.
I am to add that this Government will be willing to endorse your Bills to the extent of the advance authorised by the Secretary of State, should such a measure, in your opinion, tend to render them negotiable on better terms.
I have, &c.,
(Signed) W. F. Mercer
Colonial Secretary
4.
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255
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are
amply sufficient to
Crown Agents meet such demands for
some time to
Any sume advanced to
involve in.
Colony
a consequence
omne.
6 you at present
loss to the
at the rate of 6 per cent per
It will be
necessary therefore
that
make
you
Jorne
other
provision
with the
for supplying your agency funds you may require.
With regard to this particular
amount
you
$9340
should it inconvenienc
to be forced into the public markets
- without previous warning (which it is
hoped it will not be) His Excellency
The Governor will direct a warrant,
this
sum to be passed in
t for
your favor,
tuet for
you
the
tcasov V
before given,
he hopes
will be able to dispense with this
assistance.
I am to add that this Government
will be willing
to endorse
your
Bill's to
the extent of the advance authorised
by
the hordtary of State, should such a
measure bend in
your opinion to
render them negotiable
I have. So
on better terms.
(Agned) W. F. Mercer
belonial heretary
E
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