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had faith in England's guarantee of the integrity of the Turkish Empire, and also the Turks own guarantees of their Customs dues, &c.; but I would respectfully ask you, as representing this country, to make every endeavour to get some recompense to the many thousands of poor bondholders of this country, as they are entitled to much more consideration than the Russians, and if those aggressive people are allowed to demand a money indemnity, it will be impossible for the English creditors to get their just claims satisfied, as the Turks cannot pay both, and surely we have a more righteous demand than those spoliators the Russians. I have a hope that if peace results, and the Russian demand for money is prohibited, we suffering bondholders may eventually get some little satisfaction. Trusting you will pardon the liberty I am taking, and that you will give this matter some consideration, I have, &c.
Foreign Office, June 12, 1878. I AM directed by the Marquis of Salisbury to acknowledge the receipt of your letter of the 6th instant, requesting consideration for the claims of British holders of Turkish bonds.
Foreign Office, June 12, 1878.
I AM directed by the Marquis of Salisbury to acknowledge the receipt of your letter of the 6th instant, relative to the scheme for a settlement of the Turkish 6 per Cent. Loan, which you state has obtained the acceptance of the French Committee of bondholders of that Loan; and I am to inform you in reply that the matter will receive the most careful consideration of Her Majesty's Government.
I am, &c.
Mr. Vivian to the Marquis of Salisbury.-(Received July 19.)
Alexandria, July 12, 1878.
I HAVE the honour to inclose, for your Lordship's information, a copy of a despatch from Her Majesty's Acting Legal Vice-Consul in Cairo, reporting that under an order from the Porte the Khedive has signed an agreement in favour of Messrs. Palmer and Bouverie to pay direct to the Bank of England, on account of the Egyptian tribute, a yearly sum of 329,2491. 6s. 1d. until the Loans of 1854 and 1871 are extinguished.
A schedule of the dates on which the various payments fall due is annexed.
I HAVE the honour to report to you that on the 30th the Khedive, under an Order from the Sublime Ottoman
Cairo, July 8, 1878. March last His Highness Porte dated 13 Rabi Awal
1295 (March 17, 1878), gave an undertaking in favour of Messrs. Palmer and Bouverie, acting for the Turkish bondholders, to pay to the Bank of England, from the tribute due to the Porte, a yearly sum of 329,2497. 6s. 1d. until the Loans of 1854 and 1871 are repaid.
The Khedive's signature to the undertaking (brought to me for legalization by Mr. Mayer, of the Imperial Ottoman Bank) was legalized to-day by the Minister for Foreign Affairs, and the latter's by me.
The above-named amount is payable in ten rates, on the dates and in the sums hereunder :