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We shall of course be prepared to receive your notice on behalf of the Government for the fall payment required in the Colony. I am, dear Sir, Yours very faithfully, James C. Cummins. Henry Sewell, Esq. London, October 30, 1857. Dear Sir, — I shall be glad to attend your appointment at any time you wish for further conference. Meanwhile, I may say that there will be no indisposition on the part of our Board, to meet the convenience of the New Zealand Government, by providing for payments in London on receiving notice of their wishes from our Manager at Auckland, a further sum beyond the payment to be made to the New Zealand Company, provided we can understand that about £30,000, or thereabout, will suffice for the purpose. I am, dear Sir, Faithfully yours, James C. Cummins. H. Sewell, Esq. Radley, Abingdon Berks, November 12, 1857. Sir,— I have the honor to transmit an official proposal from the Union Bank of Australia with reference to the New Zealand Guaranteed Loan. You will observe that the proposal is made on the basis of recent correspondence which has taken place between me and Mr. Cummins, the Chairman of Committees of the Union Bank. A portion of that correspondence has been already transmitted to you. The continuation is herewith. The proposal of the Union Bank appears to me to be in accordance with the terms agreed on. So far as the Colonial Government of New Zealand is concerned, I beg to express my assent ; and I submit it to the favourable consideration of the Lords Commissioners of the Treasury, trusting that it will be accepted. I have the honor to be, &c, &c, Henry Sewell. J. Wilson, Esq., Secretary to the Treasury, London. London, 6th November, 1857. Dear Sic, — You will receive with this the official letter of the Bank verbatim, the same which we agreed upon. The present aspect of the money market is really alarming. I hope we may soon see indications of improvement. There will be no indisposition on the part of our Board to transact the Banking business of the New Zealand Government in London. I am, dear Sir, Very truly yours, Jas. C. Cummins. Henry Sewell, Esq. Union Bank of Australia, 38, Broad-street, London, 6th November, 1858. Sir,— Acting upon the basis indicated in the recent correspondence which has taken place between yourself and Mr. Cummins, the Chairman of Committees of the Bank, by which it appears that the New Zealand Government will require to apply the funds arising out of the proceeds of the £500,000 Loan raised under the Guarantee of the Imperial Government by the issue of Bonds bearing interest at the rate of four per cent, per annum, for a period of 30 years from the dates thereof, in the following way, viz : — 1.—£170,000 or thereabouts in London, for payment to the New Zealand Company. 2.—£30,000 or thereabouts required at Auckland, say on the Ist April next. 3.—£90,000 or thereabouts to pay the New Zealand Debentures issued under the last Debenture Act, and believed to be payable in Sydney. 4.-—£2&,000 or thereabouts to pay off old New Zealand Debentures. 5 £185,000 (the Balance) as may be required for the purchase of Native Lands to be paid in New Zealand. And with the further understanding, that the New Zealand Government shall be at liberty to demand the payment in New Zealand, and to increase those in London, by an amount not exceeding £30,000.