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The Founders of Canterbury

John Hutt, Esq. Reigate, 17th January, 1850

John Hutt, 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,—
££
"100,000 600
200,000 1,200
300,000 1,800";
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.

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.