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JB/110/029/002

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28

The second loan for Two Millions was contracted without the slightest
reference to the Greek Committee, – to whom we have reason to believe
the whole affair was a secret. And this was rather extraordinary
because whatever opinion might have been formed of the Committee
they could not but possess a great number of important facts, of
which a contractor oug would have done well to possess himself alike
for his own security & the security of those who relied on his judgement.
We do not agree in think that contractors in general hold hold far
too cheap the responsibility in which they stand to the public &
that when moneys are lent to young & feeble governments like that of Greece, some
securities guarantees should be obtained – for their proper direction application.
With such guarantees Had the large sums raised for Greece been
well & wisely applied, there can be no doubt that the soil of Greece would
at time this moment be untrodden by an invader. As it is,
the money has corrupted her chieftans, – fomented her factions
disappointed her friend lowered her character – & alienated many
of her friends: – while, to those who advanced it, have only to
anticipate final & total loss: for notwithstanding every recommendation
that urgency itself could impress upon the Greek Government, no
measures whatever have been taken for the payment of the
stipulated interest, – or for the fulfilment of her part of the contract
with the English lenders.


Identifier: | JB/110/029/002
"JB/" can not be assigned to a declared number type with value 110.

Date_1

Marginal Summary Numbering

Box

110

Main Headings

Folio number

029

Info in main headings field

Image

002

Titles

Category

collectanea

Number of Pages

2

Recto/Verso

recto

Page Numbering

f27 / f28

Penner

sir john bowring

Watermarks

[[watermarks::[britannia with shield motif]]]

Marginals

Paper Producer

Corrections

Paper Produced in Year

Notes public

ID Number

36019

Box Contents

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