A compendium of official documents relative to native affairs in the South Island, Volume One.

Enclosure in No. 11

Statement referred to.
Date at which payment would have been made according to original pain.			Interest accruing by delay,
		£	£ s. d.
1st June, 1852.	First instalment	1,000
	Paid October, 1853, 16 months, @ 10 cent.		133 6 8
1st June, 1853.	Second instalment	500
	Paid November, 1853, 5 months, @ 10 cent.		20 16 8
1st June, 1854.Third	instalment	500
		£2,000
	Paid November, 1853	Total interest	£154 3 4
Deduct discount, 7 months, @ 10 cent.	Total interest	29 3 4
	Excess of interest over discount		£125 0 0