I have had the honor to receive, with much satisfaction Your
               Grace's despatch No. 37, of the 
25 June, in which
I
 I am
               informed that discretionary power has been given to the Crown
               Agents for the investment subject to the Ordinance No. 6 of
               
1868, of the Sinking Funds of the 
British Columbia Loans in the
               purchase of the Debentures of 
British Columbia.