and assistance of the Republic.
Article 4. The South African Republic will conclude no treaty or
engagement with any State or nation other than the Orange Free State,
nor with any native tribe to the eastward or westward of the Republic,
until the same has been approved by Her Majesty the Queen.
Such approval shall be considered to have been granted if Her Majesty's
Government shall not, within six months after receiving a copy of such
treaty (which shall be delivered to them immediately upon its
completion), have notified that the conclusion of such treaty is in
conflict with the interests of Great Britain or of any of Her Majesty's
possessions in South Africa.
Article 5. The South African Republic will be liable for any balance
which may still remain due of the debts for which it was liable at the
date of Annexation, to wit, the Cape Commercial Bank Loan, the Railway
Loan, and the Orphan Chamber Debt, which debts will be a first charge
upon the revenues of the Republic. The South African Republic will
moreover be liable to Her Majesty's Government for 250,000_l._, which
will be a second charge upon the revenues of the Republic.
Article 6. The debt due as aforesaid by the South African Republic to
Her Majesty's Government will bear interest at the rate of three and a
half per cent. from the date of the ratification of this Convention, and
shall be repayable by a payment for interest and Sinking Fund of six
pounds and ninepence per 100_l._ per annum, which will extinguish the
debt in twenty-five years. The said payment of six pounds and ninepence
per 100_l._ shall be payable half-yearly, in British currency, at the
close of each half year from the date of such ratification: Provided
always that the South African Republic shall be at liberty at the close
of any half year to pay off the whole or any portion of the outstanding
debt.
Interest at the rate of three and a half per cent. on the debt as
standing under the Convention of Pretoria shall as heretofore be paid to
the date of the ratification of this Convention.
Article 7. All persons who held property in the Transvaal on the 8th day
of August 1881, and still hold the same, will continue to enjoy the
rights of property which they have enjoyed since the 12th April 1877. No
person who has remained loyal to Her Majesty during the late hostilities
shall suffer any molestation by reason of his loyalty; or be liable to
any criminal prosecution or civil action fo
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