Year: 1871

STATEMENT OF THE ACTION OF THE COMMITTEE


OF BONDHOLDERS.


The London Standard of the 21st of Septem-
her publishes letter signed W. b. in reference to the
Confederate Cotton Loan from which the following Is
extract:


holders exist from the Of small payments made
to the London and County Bank OF lle per cent which,
meeting Of the bondholdcrs they voted should be
the Of the Committee therefore should be
the more sorry that those who have so honoraby fu-
the nj hs suffer-
not complying with the requirements OF the Treaty OK
bound TO- present his claim, Or have It
presented for him, together with all document
oGpG 3 %h hP%so it e P%Daer the sweeping
Of the Treaty (see Article ID to he considered ana
mssbo as e The GO@mee can do no more than they
have done for the benefit Of the bonnholders they have
Government they have withheld nothing from the bond
holders and after due deberaton and acting Under the
left open for the bondhOders TO make the same terms
as they have themselves made with the gentleman who
every Information from Messrs Spain Andrewcs. No
Gresham buildings Basnghallst who are acting under
the direction Of the Committee and Messrs MacKenNe


The a6ors OF the Committee have succeeded in all they
ever tried forthat h to obtain fair hearing before the
Commissioners do not think the bOndhoders fully
appreciate what the Committee have dOne or how much


their position is altered for the better and how greatly
enhanced in value their bonds intrnsfcay have become





sented will depend the legal ability employed TO draw
il up and present it, and the bOndh0ders may rest as
surdd that Messrs. Mackenzie, Trinder Co. and the
gentleen with whom they enter into agreements will
sce to that But let not the bOndhOders and especially
thc small holders Of bonds holders large small
dcnde themselves, and fancy that 1t Is everybodys
Dounden duty but their own to pay the terms asked 5y
represent those with whom he enters into agreements
Let again impress the holders OF bonds that every
claim must be separately, presented and repre-
seued, it will be considered and treated as finally
barred, and thenceforth inadmiSshle have to apollo
ge asking you insert this letter. but no one knows
who the bondh0ders art for hitherto has liked
to confess that he bOn1hOlder and consequently
represented lOss but since the consent OF
Maestys has been obtained to present
the claims that duly made and preferred and sup
ported by documentary evidence, &c, no one need be
ashamed that he cotton bOndholder-that he
advanced his money commercial venture which has
hitherto been kept in abeyance for want OF Commission
being appointed to try the case which is now done by
the appointment OF Commissioners under the Treaty
of Washington who. in the words of the Treaty viii Will
npartiay and carefully examine and decide to the best
Of their Judgment and according to justice and equity
ali such claims shall be laid before them on the part
of the Governments of her Britannia Majesty and the
United states respectively" This is all the Committee
ever asked expected-ths is the position they always
have sought obtain their patience and perseverance,
have length with reward and If the bondhodcrs
are satisfied with their position they arc unreasona