the Orphan Chamber Debt, which debts shall 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, which will be a second
charge upon the revenues of the Republic.

ARTICLE VI.

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
nine pence per £100 per annum, which will extinguish the debt in
twenty-five years. The said payment of six pounds and nine pence per
£100 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 VII.

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 for any part taken in connection