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Wellington Independent, Volume I, Issue 45, 7 January 1846, Page 3

Tbe Company reply in the Showing terms. New Zealand House, August S, IS-15. My Lord, —On tbe part of the Comt of Directors of the New Z.-aland Compa iy, I b:eve the honour to acknowledge the receipt of your lordship's reply of yesterday's date to the letter addressed to you by Lord Ingestre on tbe 24th tilt. In that letter, after expiessly guaiding ourselves against a y suppcsitiem ill t we had abandoned the views we hive so fiequtmly expressed as to the true policy to be adopted in reference to New Zealand, we submitted as the best prkcticd cause, under existing circumstances, certain suggestion •.■-fTectiug thfuture institutions of the colony and ihe tit.es to land, based on the principles which we understood to have been hid dowa by your lordship. Tuesc sugge;tions have been discussed in np-.aied interviews between the Colonial Department, ami a deputation of our directois. i.nd the Ult. r with v.hicii we are now favoured is of course received us a communication of ye-ur lordship's views as the result cl tin se discussions. From tho principle on which our propositions were founded, and the nunkr-lion with wh;eh we htul ends avoured to frame them, we had undoubtedly indulged a hope that tin y would at once have received the unqualified sanction of your lordship. It is consequently not without dis.-ipointmcnt that we perceive the impor ant modifications introduced into some of iur surgestiuns, and tee more so as we feel oursrlv.s ihetcby precluded from that expression of entire satisfaction which it would have been doubly gratifying to us to have b.cu enabled to offer from