I have the honour to enclose for your information a copy of a letter just received
from
the Treasury on the subject of the Proclamation transmitted to me in your despatch No. 70 of the
15th of November, providing for the raising of any sum not exceeding £100,000 on the security of the
Revenue of
British Columbia. On this important subject I shall have
to to address you further, but I think it necessary not lose the present opportunity
of directing you on no account to take any additional proceedings for borrowing money
under this Proclamation until you shall receive further instruction.