Historical Account of the Mischances in Regard to the Construction of a Railway

Cover Historical Account of the Mischances in Regard to the Construction of a Railway
Historical Account of the Mischances in Regard to the Construction of a Railway
Ramn De Silva Ferro
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A . Certainly not. 5. Q. Are you a bondholder yourself ?
53 A. Certainly not. I have never held a bond, and never made or lost a single shilling in Honduras stock.
6. Q. Is there a prospect of peace in the country ?
A. There is a fair prospect of peace in the country; but upon this point Dr. Bernhard, a commissioner, who has arrived within the last few days from Honduras, will be able to give you the latest informa- tion.
7. Q. What has become of the difference between the amount realized on th
...e sale of the bonds and the actual amount paid to the contractors for the railway ?
A. I am sorry to say that the money referred to has been paid away in drawings and coupons, instead of being devoted to the pur- poses of the railway, during the valuable time lost in revolutions and the war between Salvador with Guatemala against Honduras.
8. Q. What amount of money has been paid to the contractors of the railway on account of works ?
A . Not very far from one million of pounds sterling.
9. Q. What amount of money has been spent actually in pro- viding interest and sinking-fund for the bondholders ?


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