The Founders of Canterbury
John Hutt, Esq. Reigate, 17th January, 1850
, Esq.
Reigate,
17th January, 1850.
My Dear Hutt,
—With respect to the question of remuneration for the Emigration Agent, I have only to report, that since we last talked on the matter I have recollected that I wrote on a bit of paper, which Bellairs took, my notion of the terms, as follows, I think,—
and that my own impression at the time, which I intended to convey, was, that it was not to be a per-centage reckoned on every £100, but reckoned by jumps; so that, unless £300,000 were obtained it should be only £1,200, unless £200,000 only £600. I did not then know B——as well as I do now; and my wish was to give him the strongest interest in raising 100,000 to 200,000, and 200,000 to 300,000. If I had intended a
pari-passu per-centage, I should have proposed a lower rate. The higher rate was designed as compensation for the risk that 100,000 might not grow to 200,000, still less to 300,000.
£ | £ | |
"100,000 | — | 600 |
200,000 | — | 1,200 |
300,000 | — | 1,800"; |
Being tired to-night, I cannot write all this over again to Bellairs. So pray show him this letter. I have purposely confined myself to describing my own impressions at the time.