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Lord Milner's Work in South Africa

Note Back to Main Text — Chapter XII

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"In addition to the above-named free grant of £3,000,000, His Majesty's Government will be prepared to make advances on loan for the same purposes free of interest for two years, and afterwards repayable over a period of years with 3 per cent. interest. No foreigner or rebel will be entitled to the benefit of this clause."[338]

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