Childers to Rogers (Permanent Under-Secretary)
Treasury Chambers
25th April 1866
With reference to the letter of this Board of the 19th instant, respecting the Financial condition of the colony of British Columbia, I am directed by the Lords Commissioners of Her Majesty's Treasury to acquaint you, for the information of Mr Secretary Cardwell, that My Lords observe from the returns, which were enclosed in Mr Elliot's letter of the 17th instant that on the1stManuscript image 1st of January last the debt due by the colony to the Bank of British Columbia was £33,675, whereas in January 1865 it was £27,209.
I am desired to request that the attention of the Governor may be called to this fact, as it is evident that the expenditure of the Colony has been continued throughout 1865 at a rate out of all proportion with the resources at its disposal. It is apparent also that in spite of the experience of previous years the error has been again committed by the ColonialAuthoritiesManuscript image Authorities of overestimating the Revenue of 1865.
Instructions should therefore be sent out as early as possible that the expenditure of this year must be reduced to such an amount as may be covered by a Revenue calculated on the actual average receipts of the last two years, and that any further large expenditure on New Roads and works of that nature must be postponed until the resources of the Colony will admit of their being undertaken with less pressure on its finances.
I am,
Your obedient servant
Hugh C.E. Childers
Minutes by CO staff
Manuscript image
Mr Elliot
The result of this investigation of the T-y does not surprise me as I have frequently observed upon the excessive expenditure of the Govt of B.C. over Revenue. This should be sent to the Acting Governor together with the previous Letter from the T-y (3899) and Mr Seymour should, in conformity with Mr Cardwell's direction, be immediately communicated with. As we are very shorthanded at this moment it wd be a great convenience if Mr Seymour cd be requested to call here to see the papers.
ABd 26 Apl
Mr Blackwood
The Copies can be prepared in the copying division. I think that there will be some advantage in sending them to Mr Seymour in an official letter, rather than in his calling here.
Draft may be prepared to Acting Governor on this & the previous letter from Treasury: and draft to Mr Seymour.
TFE 26/4