CO129-484 - Governor Sir Stubbs - 1924 [1-7] — Page 145

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5% interest will be paid on the loan, and

this incidentally is a higher return than is received on

current balances.

7.

I shall be glad if I may have general

approval of these proposals, by telegram if possible, in order that the negotiations may be completed and the work started at an early date.

I have the honour to be,

Sir,

Your most obedient humble servant,

7.2. Stubb

Governor, &c.