No. 119
Downing Street
1 October 1862
I have the honor to inform you that after protracted discussions the sum which Her Majesty's Government proposed to pay to the Hudsons Bay Company in respect of their different outlays in Vancouver Island was £30,000, but that theCompanyManuscript image Company continued to demand £35,000.
Under these circumstances a compromise was offered on the part of Her Majesty's Government, and has been accepted by the Company, by which the difference has been divided, and the sum of £32,500 has been agreed upon as the amount to be paid in discharge of the Company'sclaimsManuscript image claims on the Crown in consequence of it's resumption of Vancouver Island. This payment is about to be made forthwith to the Company by the Treasury.
I have the honor to be
Your obedient Servant

People in this document

Douglas, James

Pelham-Clinton, Henry Pelham Fiennes

Organizations in this document

Hudson's Bay Company


Places in this document

Vancouver Island