Lord Stanley to Lord Ingestre. Downing Street, May 23, 1845.

Nelson Examiner and New Zealand Chronicle, Volume IV, 6 December 1845, Page 160

Lord Stanley to Lord Ingestre. Downing Street, May 23, 1845.

My Lord —l have had the honour to receive your lordship's letter of the sth instant, written on behalf of the New Zealand Company, enclosing the heads of a plan for the adjustment of the difficulties under which the colony of New Zealand is at present labouring. That plan is formed on the basis of constituting a new company for the govern, ment of the whole of the Middle Island, and of so much of the Northern Island as it might be deemed advisable to include within its limits. It further proposes that the existing Company shall be merged in the company so to be established, and that the new establishments should be formed on the model of the old proprietary governments on the North American continent.

I regret to be under the necessity of informing your lordship that her Majesty's Government, having maturely examined this project, find that the difficulties of proceeding on the basis thus suggested are insuperable.

If, however, the New Zealand Company should have any other proposition to offer, founded upon a wholly different principle, for relieving themselves, the colony, and the Government from the embarrassment consequent upon the present state

of their affairs, her Majesty's Government lire ready to give their best attention to such propo iition, and to enter upon a discussion with an earn sit desire to find a satisfactory solution of the exit ting difficulties, by an amicable arrangement with Iha New Zealand Company. I have, &c, I Stanley