Memorandum.

In reference to the advances stated to have been made to Natives on account of the 5-per-cents (amounting to £896 1s. 7d.), I am of opinion that all presents to Native chiefs, and all sums paid on account of lands other than those of the original blocks, be struck out as being payments not chargeable on the fund, according to the terms of the original grants, and that the sum of £260 for school purposes be charged to the fund for school purposes.—Charles Knight, Auditor.