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English
As we cannot see how we can pay this by Sept. 30 the Bank has been asked to extend the time of its liquidation to the 21st. December. In absence of customs we have nothing to go on with except what we expect from the proceeds of the sale of Land at Havelock and Waihua this month - the latter will not sell now. You will have heard from Rhodes that it has been necessary to defer the sale of the purchased portion of the Hikatoto Block. Wilson says an act must first be passed by the P.C. authorizing its sale. What a nuisance if every purchase of land you make in this manner necessitates an act for you to sell it. Can

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