Berens to Newcastle

I have the honour to acknowledge the receipt of Mr Elliots letter of
the 11th instant, in which it is proposed on the part of your Grace
that the difference between the sum demanded by the Hudsons Bay
Company in respect to the settlement of their outlays in Vancouver's
Island and that offered by Her Majestys Government
being £5,000 that that difference should be divided and the sum payable to the Company
be thus raised from £30,000 to £32,500.

In reply I beg to state that although in conjunction with my
colleagues in the Direction of this Company I still adhere to the
justice of the claim originally advanced by this Company I am
prepared on their behalf and my own to agree to the compromise
suggested by your Grace in order to bring the affair at once to an
amicable settlement.