Colonial Despatches
The colonial despatches of Vancouver Island and British Columbia 1846-1871
Despatch to London
Douglas, James to Pelham-Clinton, Henry Pelham Fiennes 8 September 1862, CO 305:19, no. 10614, 255.
No. 47, Legislative
8 September 1862
I have the honor to forward herewith to Your Grace the undermentioned
Acts, together with the Attorney General's report thereupon.
I Vancouver Island Road and Harbor Loan Act 1862.
II Vancouver Island temporary Debenture Loan Act 1862.
TheI Vancouver Island Road and Harbor Loan Act 1862.
II Vancouver Island temporary Debenture Loan Act 1862.
2. The first after repealing the Harbor Loan Act of 1861, the moneys
raised under that Act having been paid off, Empowers the Governor to
borrow upon Debentures secured as a primary charge upon the general
Revenue of the Colony and bearing interest at the rate of six per
centum per annum, a sum of money not exceeding Forty thousand pounds
Sterling for the purpose of constructing Roads within the Colony, and
for improving Victoria Harbor.
3. The second ActEmpowers
Empowers the Governor to borrow a sum of money not
exceeding Fifteen Thousand pounds Sterling in anticipation of the
moneys to be raised under the first named Act, so that the work of
the improvement in Victoria Harbor may be at once proceeded with and
advantage be taken of a present favorable condition of the labor
market to open roads, and thus to induce settlement and retain
immigrants in the Country.
Empowers the Governor to borrow a sum of money not
exceeding Fifteen Thousand pounds Sterling in anticipation of the
moneys to be raised under the first named Act, so that the work of
the improvement in Victoria Harbor may be at once proceeded with and
advantage be taken of a present favorable condition of the labor
market to open roads, and thus to induce settlement and retain
immigrants in the Country.
4. I trust that these Acts may be found in due form, and that no
objectionmay
may exist to their being left to their operation.
may exist to their being left to their operation.
Minutes by CO staff
Sir F. Rogers
The Governor does not give us any recent information concerning the financial state of VanC. Isld. The last statement we can find is one for seven months ending Decr/59 according to which the Revenue was £6643.6 [and] the expense £7851.0 leaving a deficiency at that time of £1207.14.
The Governor does not give us any recent information concerning the financial state of VanC. Isld. The last statement we can find is one for seven months ending Decr/59 according to which the Revenue was £6643.6 [and] the expense £7851.0 leaving a deficiency at that time of £1207.14.
Perhaps the Treasurer of B. Columbia, Capn Gosset, who is now in
England
might be able to furnish some informn on the subject, if you
wish for it. (5375/60).
might be able to furnish some informn on the subject, if you
wish for it. (5375/60).
ABd
31 Oct.
Sir F. Rogers
I presume that the long Act and the subsequent one about debentures will be referred to the Treasury. The Governor has quite recently sent home a Trade Return giving a very favorable view of the progress of commerce. As the Treasury are very jealous of Acts of this kind there might be no harm in seeing Captn Gossett if he is in London in order to see if we can gather from him any considerations in support of the present measures. But unless he is in Town I should not be disposed to write a letter to an absent subordinate about the Acts received from the Governor of the Island.
I presume that the long Act and the subsequent one about debentures will be referred to the Treasury. The Governor has quite recently sent home a Trade Return giving a very favorable view of the progress of commerce. As the Treasury are very jealous of Acts of this kind there might be no harm in seeing Captn Gossett if he is in London in order to see if we can gather from him any considerations in support of the present measures. But unless he is in Town I should not be disposed to write a letter to an absent subordinate about the Acts received from the Governor of the Island.
TFE
1 Novr
Mr Fortescue
I presume to the Treasury. Or is there any use in applying to Capt Gossett, who—be it observed is Treasurer not of V.C.I. but of B. Columbia.
I presume to the Treasury. Or is there any use in applying to Capt Gossett, who—be it observed is Treasurer not of V.C.I. but of B. Columbia.
It might be observed to the Ty that the
debres are to be secured
not on the Land Revenue (wh is under the control of the Crown) but
on the Genl Revenue wh is under the control of the Legre but
that the obligation of making up any deficiency in the Genl Reve
would probably fall upon the Land Reve.
debres are to be secured
not on the Land Revenue (wh is under the control of the Crown) but
on the Genl Revenue wh is under the control of the Legre but
that the obligation of making up any deficiency in the Genl Reve
would probably fall upon the Land Reve.
That it is possible some inftn may be derived from the Treas: of
B.C. Capt Gossett now in this Country and
That if their Lps shd see no objection to the substance of these
acts, it will be necessary to obtain from Mr Julyan a report respg
the mode in wh V.C.I. shall pay for his Services.
It seems to me, I must say, that it can hardly be wise to borrow
money even temporarily at 15 per cent per ann.
FR
3/11
To Treasury as proposed by Sir F. Rogers, I sh. say.
CF
4
Documents enclosed with the main document (not transcribed)
George Hunter Cary, Attorney General, to W.A.G. Young, Colonial
Secretary, 8 September 1862, forwarding copy of the two acts [not
on microfilm] and advising that he sees no objection to their passage.
Other documents included in the file
Elliot to G.A. Hamilton, Treasury, 19 November 1862, forwarding copy
of the despatch and enclosures and asking whether there was any
objection to passage of the acts, with explanation.