GEORGE the FIFTH, by the Grace of God of Great Britain, Ireland and the British Dominions beyond the Seas King, Defender of the Faith, Emperor of India: To Our Right Trusty and Well-beloved Counsellor William Warrender Mackenzie, Baron Amulree, Knight Grand Cross of Our Most Excellent Order of the British Empire, one of Our Counsel learned in the Law, Our Trusty and Well-beloved Charles Alexander Magrath, Esquire, Doctor of Laws, and Our Trusty and Well-beloved Sir William Ewen Stavert, Knight Commander of Our Most Excellent Order of the British Empire, Greeting.

  WHEREAS on the advice of Our Ministers in Our United Kingdom of Great Britain and Northern Ireland, in Our Dominion of Canada and in Our Island of Newfoundland We have deemed it expedient that a Commission should issue forthwith to examine into the future of Newfoundland and in particular to report on the financial situation and prospects therein.

  NOW know ye that We, reposing great trust and confidence in your knowledge and ability, have authorised and appointed and do by these presents authorise and appoint you the said William Warrender Mackenzie, Baron Amulree, Charles Alexander Magrath, and Sir William Ewen Stavert, to be Our Commissioners for the purposes of, and to make, such enquiry.

  AND We do hereby authorise and require you with all convenient despatch and by all lawful means to enter upon, and to collect evidence respecting the subject matter of, such enquiry and to suggest such measures as may appear to you best calculated to meet the situation.

  AND We do further require you to conform in all things to such instructions as shall be addressed to you by Us.

  AND We do hereby charge and command all whom it may concern that according to their respective powers and opportunities they be aiding to you in the execution of this Our Commission.

  AND, for the purpose of aiding you in your enquiries, We hereby appoint Peter Alexander Clutterbuck, Esquire, on whom We have conferred the Decoration of the Military Cross to be Secretary to this Our Commission.

  Given at Our Court at Saint James's this Seventeenth day of February, One Thousand Nine Hundred and Thirty-three in the Twenty-third Year of Our Reign.

  NOTE.--The United Kingdom share of the cost of the Royal Commission is estimated at £2,000. The cost of printing and publishing this Report is estimated by the Stationary Office at £345.