APPENDIX.
Appendix
Mr. Mocatta's Statement of hij the Loan of 1862.
40]
(D).
Brighton,
&
Messieurs Baring, Brothers,
Money
the Disposal of the
Co.,
raised
Octoier ]3<A, 1865.
London.
Gentlemen,
The
addressed to you, of the 29th September
letter
Senor A. L. Guzman, lays a distinct charge that yoiu' agents their duties
Owdng Charge
^^'ith
to the
respect to the
d'Affaires, I
brought against 2
am am
of 1862.
alone to reply thereto
left alale
by documents
however,
this,
;
is
is
made
H. Nadal
;
and
to a previous hypothecation,
this is
answered by the
refers
fact of the creditors
represented the $4,240,000 having accepted the terms offered
prior to the Loan, it
that a
is
common fund
necessary to state the particulars
directors of the
bank
Government.
them
this took place :
â&#x20AC;&#x201D;
was agreed
It
of 27 per cent, of the duties of Imports should be
which had been paid
substituted for the 38 per cent.,
to the
As
meetings on the 1st and 8th May, 1862.
at public
not
to disprove the false charges
us.
â&#x20AC;&#x201D; Allusion
to a letter of Dr.
who
\>\
lamented demise of F. D. Orme, Esq., C.B., Her Majesty's
a diflRcult task, as I
At page
Loan
last,
failed in
to that date
notified the acceptance of this
This
new arrangement proves
tion of the 38 per cent, ceased,
;
the
new agreement
that the hj^aotheca-
and no formal cancelment was needful.
Owing to the stopping of the bank, Mr. Carl Hahn, director thereof, made a written proposal to "the Government for a new arrangement, based on the 27 per cent, security.
In the Independiente of the 26th
Jime, 1862, the bank directors published a notice declaring that the shareholders accepted a proposal the capital of the
1862, at the
me
;
50 per
made by cent.,
at a general
the
Government
payable in
;
to purchase
five years
;
this
was
meeting held on the 3rd July,
bank premises, and presided over by
Secretary-General
Urbaneja)
at
and approved
.sanctioned
binding to
bank
his Excellency the
the A^ote passed vdih only one dissentient (Dr. D. B.
the whole was pulilished in the Caracas papers
all interested,
whether
to the case laid before the
And
citizens or foreigners.
High Federal Court
;
as
;
this
was
this brings
it
was put, V D