Hunt to Under-Secretary of State
Treasury Chambers
18th May 1867
Sir,
The Lords Commissoners of Her Majesty's Treasury have had before Them your letter of 14th February last inclosing correspondence on the subject of the refusal of the Bank of British Columbia to discount a Bill which the Acting Governor proposed should be drawn by the Crown Agents on the Government of that Colony for the Interest and Sinking Fund due on the Loans to 31st December last, and requesting to be informed whether Their Lordships can suggest any particular method of remittance as most fitting for placing the requisite funds in the handsManuscript image of the Crown Agents at each half yearly period.
My Lords request that you will inform the Duke of Buckingham and Chandos that, in the absence of a Treasury Chest in British Columbia, My Lords consider that Bank Bills of short date should be purchased in the Colony and sent to the Crown Agents early enough to mature before the payments of interest and sinking fund fall due in London.
The Governor should be directed to consider liabilities in respect of loans to stand in the position of primary charges on the Revenue, even before the Salaries of Public Officers; and to purchaseManuscript image at least three months in advance, good Bank Bills, and to send them forthwith to the Crown Agents.
My Lords desire me to express Their regret that their reply has been so long delayed; which has resulted entirely from an accidental oversight.
I am,
Sir,
Your Obedient Servant
George Ward Hunt
Minutes by CO staff
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Mr Elliot
I suppose a Desp: should now be sent to the Govr—founded on this letter—but see your Minute attached to 497.
VJ 22 May
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The oversight at Treasury was unlucky. I annex a draft founded on the Minutes on 497.
TFE 10 June
Other documents included in the file
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Draft reply, Buckingham to Seymour, No. 35, 14 June 1867 describing the problems associated with British Columbia neglecting to pay back funds it owes and instructing Seymour to prioritize Bank Bills.
Minutes by CO staff
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Submitted for approval. The B. Columbia neglect of it's public obligations is a very serious subject indeed. It has been before the Duke on another occasion, who adopted this view, which had previously been taken by Lord Carnarvon & by Treasury.
TFE 10/6
Other documents included in the file
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Elliot to G.A. Hamilton, Treasury, 18 June 1867, forwarding copy of instructions to governor regarding remittances.
Hunt, George Ward to Adderley, Charles Bowyer 18 May 1867, CO 60:31, no. 4858, 53. 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/B675TE06.html.

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