NEW ZEALAND COMPANY.

New Zealand Spectator and Cook's Strait Guardian, Volume II, Issue 65, 3 January 1846, Page 4

NEW ZEALAND COMPANY.

An Estimate of the Claims of the New Zealand Company upon the Government, so far as they can at present he made up, to the Bth day of August, 1845.

Items for which compensation is claimed, either in money or land, but which are not included intbe foregoing estimate. Additional payments to be yet made to the natives, to obtain land, in satisfaction of the company's claims. Further future surveys. Fees charged, or to be charged, by the Commissioner of Land Claims. Losses to which the company has been subjected, directly and contingently. GEORGE BAILEY, Accountant. New Zealand House, August 8, 1845.

Reform Club, August 7. Sir, — As it is understood that negotiations are going on at this time between the New Zealand Company and the Government, with a view to the settlement of the differences between them, I feel justified, by the deep interest I have in the question, and under an obligation to my fellow settlers, to remind the company that we have a just and unanswerable claim to be indemnified in some way for the ruinous consequences of the long delay in thefulfilment of the New Zealand Company's contract with v«. To give us at this late period a bare fulfilment of the original contract, after the lapse of more than six years since you received our purchasemoney, would be of little value to the majority of us. Having been a director of the Union Bank, I know that there is scarcely one of the original land orders that has not been mortgaged at the rate of 10 per cent, per annum ; and that men like myself have made ruinous sacrifices in the hope that ultimately they might redeem their • property. Ido not now presume to say whether 1 the company or the Government is morally responsible for this state of things; but it is clear that the settlers ought to be indemnified, and my sole object now is to prevent that subject from being overlooked in the final settlement of the question. I trust that the part I have taken in the .late controversies will be a sufficient pledge that I make this communication from a sense of duty, and not from any distrust in the honour and generosity of the directors. Begging that you will submit this letter to them, I am, Sir, your obedient servant, GEORGE SAM. EVANS. Mr. T. C. Harrington.

Emigration, hire ot smpSjandotner x *. «• expenses of a similar nature.. 233,357 12 1 Purchaseoflandsfromformer companies, the natives, and others 74,745 3 8 Public works, wages of labourers thereon employed, -and other expenses of a similar nature .... 40,508 17 5 Expenses of surveys, &c 66,041 2 5 Miscellaneous expenses 7,580 9 10 Total 422,233 5 5 Expenditure. UptoNov.lß4o, £ *. d. Acres, as admitted by MrPennington 178,148 4 2 at ss. 712,593 Admittedbydo. but awaiting further evidence from the colony. 30,488 15 0 at ss. 121,955 Admitted by do. under the special contract of June 2,1841 40,000 0 Oat 20s.* 50,000 Under the special contract of August, 1841 : — Emigration .... 40,000 0 oat 20s. • 50,000 Public Works .. 40,000 0 0 at 20s.* 50,000 On purchase of land, &c, for which compensation is claimed at the rate of ss. per acre, say.... 16,000 0 oat ss. 64,000 344,636 19 2 1,048,548 Balance of expenditure as Sihove .......... 77,596 6 3at 20s. 77,596 ________ ■ Total expenditure 428,233 5 5 1,126,144

„ „ Acres. For, expenditure, a« above 1,126,144 For .native reserves, <say 1-1 1 th of 461,450 acres, appropriated to the settlements of Wellington, Nelson, and New Plymouth, according to the printed terms of purchase 41,950 Total estimated claim to this date. . 1,168,094