I have the honor to acknowledge the receipt of your letter, of date quoted in the margin, (29th July), asking to be informed whether the City Council would be parties to the transfer of a site on the Octagon for an Athenæum.

In reply, I am to state that your letter has been remitted to a Sub-Committee of the Council, and they are disposed to consider your proposal favorably; but before coming to any decision they would wish to learn the views of the Managing Committee of the Athenæum as to terms for such transfer. What equivalent or consideration does the Athenæum propose to give for a transfer of a site on the Octagon?