26
the investment made in the Colony, it can only be on the clear understanding that the Government will not be liable for any loss sustained thereby.
The fotholder, to whom five years' interest during some part of the large sums paid in from time to time on this account has been spent before the advance is a serious matter, will doubtless wish to avoid the risk of loss due to a rise in exchange, especially as the Hongkong and Shanghai Bank are allowing them five per cent on the daily balance to their credit.
The correspondence with the contributing land owners on this subject is not yet complete, and until I receive their decision, expected every day, I propose to stay the remittance of the surplus balance.
I have the honour to be, My Lord, Your Lordship's Most Obedient, Humble Servant,
26
the investment made in the Colony, it can
enly
be
on
the clear understanding that
the Government will not be liable for
any
a loss
loss sustained thereby.
The fotholder, to whom
five
loss of +
years
interest during
some
V on
the large on
sums paid
in
from
Sures or six this fust
Akc
spent
befor
That
advance is a serious matter, will
doubtless wish to woid the risk of lose $2)
a rise in exchange, especially
the Hongkong and
is
Shanghai
Bank
ao
: allowing them five per cent on the
daily
5.
balance to their credit.
The correspondence with
the
م
the
contributing land
subject
ourverI
on this
is not yet complete, and until:
I receive their decision, expected every
day,
I propose to stay the remittance
the surplus balance.
I have the honour to be,
My ford,
Your Lordship's Most Obedient,
Humble Servant,
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