Enclosure 19th June, 1886.
I have the honour to transmit, for Your Lordship's consideration, copy of a letter from the Treasurer, to the last two paragraphs of which I beg to call Your Lordship's attention.
There was a very considerable amount of public feeling about the loan, which the Colony desired, as explained in Sir G. Bowen's despatch No. 417 of the Cir, November 1885, to have floated here. For some time I anticipated that a loan in England would be opposed by every one of the Unofficial Members of Council, and it seemed that in Finance Committee when it was at last reluctantly agreed to, it was only on condition that it was to be raised in the terms laid down in the Secretary of State's despatch No. 121 of 2nd February last. These terms are modified by the arrangements which have been sanctioned, and I beg to submit for Your Lordship's consideration
Enclosure 19th June, 1886.
of the Crown Agents, I have the honour to transmit, for Your Lordship's consideration, copy of a letter from the Treasurer, to the last two paragraphs of which I beg to call Your Lordship's attention.
There was a s
very
considerable
amount of public feeling about
the loan, which the Colony
desired, as
explained in dir G.
Bowen's despatch N. 417 of the Cir,
no
November 1885, to have floated- here. For some time I anticipated that a loan in England would
be
ماعاء 2
85-
be opposed by every s
one
572
of the
Unofficial Members of Conneil,
and it seeme that in Finance
Committee when it was at -
last reluctantly agreed to, it
wad
only
on
condition that
it was to be raised in the
terms laid down in the
21464
very
Secretary of
State's despatch 1:21
of 2nd February last. These
terms are
Arra
modified_ by the
ngements which have been sanctioned, and beg to
submit for Your Lordship's
consideration
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