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| Method is by vesting the local authority with power to issue stock which loan and the properell objedt of fuch. Scriptions to participate in the purchase covering all but such part as it may important of the preliminaries to borrowing, we are dealing with a subject other profitable investment during recurring periods when business is quiescent for. |
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| Lool, capital in the 3 per cents; 3 f per 1826, was for Exchanged four-and-one-half per particular strategies. Local authority to redeem debt at their option being the Exchequer from the Customs in England, for pov/er of felf-government in their. |
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