With reference to your letter dated
7 Instant
enclosing copy of a Despatch from the Governor of
British
Columbia forwarding a Proclamation, N 5 of
1863,
authorizing the Agents General for Crown Colonies to raise
a further Loan of £50,000 on the security of the local
Revenue of the Colony, I am comanded by the
Lords Commissioners
of Her Majesty's Treasury to acquaint you, for the information
of the
Duke of Newcastle, that their Lordships see no objection
to this Proclamation.