CO129-546-1 Loans for public works 6-1-1934 - 14-8-1934 — Page 77

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publish its intention to raise Lown of 14,000,000 dollars on

the terms proposed, and state that 10,000,000 dollars have beon

subscribed, and should invite public subscription of the

Both Banks want to know the

remaining 4,000,000 dollars.

date of issue which should be as soon as possible after passing

of the Ordinance, which will be passed immediately the Crow

Agents have given notice of redemption of the present Loan.

I recommend that a Loan of 25,000,000 dollars should be authorised

by the Ordinance (vide my telegram of the 6th January).

Only 14,000,000 dollars would be raised now.

soon as possible.

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