No. 103
Victoria
7th September 1867
My Lord Duke,
I have the honor to forward an authenticated and two plain copies of an Ordinance of the late session of the Legislature of this Colony entitled;No 19Manuscript image No 19. An Ordinance to authorize the issue of debentures for short temporary loans. The Attorney General's report is enclosed.
Financial difficulties alone cause this very objectionable measure.
I have the honor to be,
My Lord Duke,
Your most obedient
humble Servant
Frederick Seymour
Minutes by CO staff
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Mr Holland
You will see all the Acts recd today were passed as far back as March last.
CC 4 Nov
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Sir. F. Rogers
Ordinance authorizing issue of Debentures for short loans. The whole question of the financial condition of B Columbia is (I think) before Mr Elliot (8565/7989). The existing charges upon the Revenue are, if I mistake not, as follows:Manuscript image
1862 charge of £50,000 declared to be first charge
1863 charge of 12,000 under a Road Ordinance
1863 charge of 50,000 charged subject to the 2 prior charges
1864 charge of 100,000 subject to former charges and to a charge under the Cooks Ferry Ordinance, under which Ordce £12,750 have been raised.
Perhaps this Ordinance had better be circulated with the papers now before Mr Elliot; or should it be sanctioned at once?
HTH 5/11
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Mr Elliot
This I suppose is for the Treasury. But perhaps I had better relieve you of these papers about B.C. Finance.
FR 5/11
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Sir. F. Rogers
I hand over the collected bundle of papers on Finance to you with this.
HTH 7/11
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Sir F. Rogers
This has been hung up with the Columbia Finance Papers—what shall be done with it?
CC 10 July
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I think it shd go to Treasury explaining that itsManuscript image not being replied before was owing in part to the Govrs delay in transmitting it, but principally to the fact that it has been under consn in connection with the whole question of B. Columbia finance.
But what has been done; has any money been borrowed under this orde?
Documents enclosed with the main document (not transcribed)
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H.P.P. Crease, Attorney General, to Seymour, 17 May 1867, reporting on the ordinance as per despatch.
Other documents included in the file
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Rogers to Secretary to the Treasury, 17 July 1867, forwarding copy of the despatch for consideration.