 And when Lord Glenelg was replaced as Colonial Secretary in late February, his successor, Lord Normanby, immediately brushed off demands from the New Zealand Colonisation Association for the royal charter that had been previously offered to the New Zealand Association.On 20 March 1839 an informal meeting of members of the Colonisation Association and the 1825 New Zealand Company learned from Hutt the disturbing news that the Government's Bill for the colonisation of New Zealand would contain a clause that land from then on would be able to be bought only from the Government.Such a move would be a catastrophic blow for the Colonisation Association, for whom success depended on being able to acquire land at a cheap price, directly from Māori, and then sell it at a high price to make a profit for shareholders and fund colonisation.