There is no doubt of the enormous sales, but there is no doubt
also that of the amount realized 10 per cent only belongs to the
Company, & 90 per cent must be spent on "colonization" & which,
properly managed, ought to form a considerable fund in reduction
of the money due on
settlement of accounts from the Crown for
the repurchase of
Vanc. The only question is whether it is
worth while to let the Company (and
M Douglas) know that we
are aware of the state of things. I am inclined to think it is;
& that we had better ask the Co. whether they have any (and
what) accounts of recent sales of land.