Peel to Rogers (Permanent Under-Secretary)
Treasury Chambers
24 June 1863
Sir
With reference to Mr Elliot's letter of the 13th Instant on the subject of the British Columbia Loan of £50,000, I am desired by the Lords Commissioners of Her Majesty's Treasury to state, for the information of the Duke of Newcastle, that They are of opinion that the sums to be annually set apart for the Sinking Fund of the Loan under the British Columbia Loan Act 1862 may be invested in the Consolidated £3 per Cent Annuities or in the New £3 per Cent Annuities. And They see no objection to the Trustees whomManuscript image His Grace proposes to select.
I am Sir
Your obedient Servant
F. Peel
Minutes by CO staff
Manuscript image
Mr Elliot
Inform the Agents Genl and the Governor.
ABd 26 June
Draft—& inform also Mr Gairdner, who is to be one of the two Trustees. I spoke to him on the subject, & he is aware that the step was likely to be taken.
TFE 26/6
Other documents included in the file
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Elliot to P.G. Julyan, Crown Agents, 1 July 1863, advising that the governor had been instructed to remit "the sums required for the interest and Sinking Fund of the loan," and that he (Julyan) and Gairdner had been selected to be the trustees for the fund.
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Elliot to Julyan, 8 July 1863, advising that the sums annually set apart for the sinking fund should be invested as suggested in the Treasury letter.
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Rogers to Gairdner, 7 July 1863, advising that he had been selected to act as one of the trustees of the sinking fund.
Minutes by CO staff
Memo. Mr Gairdner said it would be convenient for him to be informed by letter.
Other documents included in the file
Manuscript image
Draft reply, Newcastle to Douglas, No. 28, 1 July 1863.
Peel, Frederick to Rogers, Frederic 24 June 1863, CO 60:17, no. 6208, 293. The Colonial Despatches of Vancouver Island and British Columbia 1846-1871, Edition 2.2, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. https://bcgenesis.uvic.ca/B635TE08.html.

Last modified: 2020-12-02 13:40:34 -0800 (Wed, 02 Dec 2020) (SVN revision: 5008)