a* *. 
? r- 
> u 
After consultation with the Cabinet, 1 would say, how. 
ever, that the Government is willing to enter into an agree¬ 
ment 'With you substantially on the following terras, subject 
to such modifications as may be suggested by you after the con 
deration of the same, and mutual agreement concerning the 
s am e. 
Understanding that the phosphates and guan(n)o from 
(*) 
Laysan Island have already been several times analysized and 
found to be of such a low grade that they were rejected as 
fertilizing agents, and that your experiment is therefore of 
cl. 
. somewhat hazardous nature, the Government will grant you a 
license for the term of twenty years to take material from 
the Island, during the first two years without charge. 
After the expiration of the two years, if you still 
continue to take material from the Island, you to pay the 
\ ' ' ■ - • : ' 
Government the sum of fifty cents per ton for the material 
so' removed. If at any time after the expiration of the two 
years 
4 - 4 - \ 
itrier you 
or the Government claim that the royalty 
%/ #/ 
of fifty cents per ton is too high or too low to be a fairly 
equitable charge on the part of the Government, the amount of 
the royalty to be subject to revision either by agreement be¬ 
tween you and the Government, or if a satisfactory agreement 
1 -I- v, 
4» A 
as to amount oi royalty cannot be arrived at, then by the 
decision of referees, one to be appointed by each par 
» 
an d 
the two so appointed, appointing the third 
I 
As in- Original 
have the honor to be 
Your Obedt. Servt. 
n, hurs ton 
Minister of 
# -d* 
the Interior. 
