In compliance with the instructions contained in Your Graces despatch
               N 7 of the 
24 February last I have the honor to forward herewith
               an explanation from 
M Watson, the Treasurer of this Colony, of the
               discrepancy between the Balance of the Account
of
 of Receipts and
               Disbursements of Imperial Funds in connection with the 
Island of San
                  Juan &c remaining in hand on the 
31ëst December 1861 and the amount
               brought forward on the 
1 January 1862.