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 the amount paid by the company for such land should be laid out in sending emigrants from this country to the colony, under the direction of the company, and with a guarantee on the part of Government that, within a district of very considerable extent, no further land should be sold by the Crown under the minimum price of 5s. per acre, reserving, however, to the Crown the power of selling any quantity either at or above that price.

"Mr. Stanley, however, signified that in consideration of this arrangement the company should be bound to provide, for a given number of years, a fixed annual sum in payment of the expenses of the Civil Government, the officers of which were to be appointed by the Crown, but that the company should be allowed to reimburse themselves for the amount which might thus be advanced by them towards these expenses, either by charging it as a debt on the colony, or, by taking an equivalent in land. Mr. Stanley also stated that out of the lands to be hereafter sold by the company or by the Government, a fund must be set apart for the purpose of enabling the Government to afford assistance to the colonists in providing for education and religious instruction, not to be limited to any exclusive church or denomination, and he likewise intimated that when the population of the colony should have reached a given number. His Majesty would take into consideration the propriety of giving the inhabitants a share in the legislation of the colony, and in the control of its finances. Mr. Stanley pointed out to the deputation the important differences which existed between the plan which they then brought forward and that in which he had thus intimated his inclination to acquiesce, and he most especially drew their attention to the strong objection which he felt to the interposition of a body of trustees between the Government and the parties actually interested in the intended colony. Mr. Stanley had hoped that the result of the conference, to