CO129-225 - Acting Governor Marsh - 1886 [1-3] — Page 326

it

fall to 3

here

The dollar is

CA

to 3/1 ar lian

worth 3/4 should

at 44 pent

4/2pbeat in the Colony

both passable from Honghing fund.

CL-U

11 - To raise the rohold £200,000

would entail

4L

equal cost.

Houghing at 4 plent world

(e)

ها

free from objection, provided satisfactory made in Whong the investment of the Linking fund

avangerents

for

but the Colony

to

мо

at

once

would

have to cont

at the present

rate of exchange £28000.

the cuncul year

and

during

current

a

further prin

3

£50,000

or £60,000, subject to

any

také place

that rate.

fluctuation which may

III. To divide the loan equally

Condition that the Colanice portion

between London

and

Houghing

ców

322

be paised at 4 pont might put the local Monket polid wood.

probably be unable to absorb the

colle amount at hot low rate

Audi

of interest -

would

Coino

g

I

nnot be

}

anangement

so acceptable

to the local Bankis and Kramaned

Spice

a

For evew

but it would at

the argument of

462 loom.

all events meet

the Chief Justice.

that it is important to find

conud investment for Trustees

Excutors.

and

If they

a.

cannot raise any portion

per

of the loan in the Colony at 4, Cont, the chole phoned in my

opinion be raised here.

W. S. 29.

I have disce pred that with Sie W. Sagiant and me

"The armepanging

jupai

telepane which if approed

Cam

Le

рип

int lode.

1m 29/3