No. 37
25 June 1868
Sir,
I have the honor to acknowledge the receipt of your Despatch No. 4 of the 3rd of February, suggesting that the Sinking fund of the British Columbia Loans should be invested in the purchase of the Debentures of the colony.
In reply I transmittoManuscript image to you, for your information, copies of a correspondence which has passes on the subject between this Department, the Board of Treasury and the Crown Agents from which you will see that the Crown Agents have been given a discretionary power for the investment, subject to the provisions of the Ordinance No. 6 of 1866, of the Sinking fund of the British Columbia Loans in the purchase of Debentures of British Columbia or of Ceylon, New South Wales, Mauritius, Victoria, Cape of Good Hope or New Zealand.
I have the honor to be
Sir,
Your most obedient humble Servant
Buckingham & Chandos
Other documents included in the file
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Copy, Rogers to the Secretary to Treasury, 16 April 1868, forwarding a copy of a letter "suggesting that the Sinking Fund of the British Columbia loans should be invested in the purchase of the securities of that Colony which are now selling below par."
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Copy, Booth to the Under Secretary of State CO, 27 April 1868, saying that "they would like the opinion of the Crown Agents with reference to a correspondence that look place in 1865," regarding the Sinking Funds of British Columbia.
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Copy, Rogers to the Crown Agents, 4 May 1868, stating that it was suggested in a letter that "the Sinking Fund of British Columbia Loans should be invested in the purchase of the securities of that Colony which are now selling below par."
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Copy, Sargeaunt to Rogers, 21 May 1868, stating that it was suggested in a letter that "the Sinking Fund of British Columbia Loans should be invested in the purchase of the Debentures of that Colony," and that the Crown Agents have approved this.
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Copy, Elliot to the Secretary to the Treasury, 29 May 1868, enclosing a copy of a letter from the Crown Agents "containing their observations as to the investment of the Sinking Fund of British Columbia Loans in the purchase of Debentures."
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Copy, Hamilton to the Under Secretary of State for the Colonies, stating that no objection will given to the Crown Agents having the authority to decide the allocation of the Sinking Funds of Britith Columbia Loans.
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Copy, the Under Secretary of State Colonial Office to the Crown Agents for the Colonies, 25 June 1868, enclosing a letter saying "that they will not object to a discretionary power being given" to the Crown Agents concerning the investment of the Sinking Fund of British Columbia Loans.
Grenville, Richard to Seymour, Frederick 25 June 1868, NAC RG7:G8C/15, 203. 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/B687037.html.

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