B.—No. 3.

thought it most prudent course in order to save the Provincial property from being sacrificed vva3 to assign all its moveable property to the General Government, fits chief creditor) for its protection until some measures were taken by the General Assembly or by the General Government such as would enable the Province to make permanent provision to meet its liabilitie. Pending the adoption of such steps, and a reference to you, the Sub-Treasurer in Southland will take charge of the property. These circumstances will probably convince you of the necessity of taking immediate steps such a3 will be calculated to restore the credit of the Province and thereby maintain that of the Colony. I trust they will receive your careful consideration. I have, &c. J. A. E. Menzies, Superintendent. The Hon. the Colonial Secretary, Auckland.

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