Peel to Rogers (Permanent Under-Secretary)
Treasury Chambers
24 June 1863
Sir,
With reference to Mr Elliot's letter of the 13th Instant respecting the investment of the Sinking Fund provided for in "the Vancouver Island Road & Harbor Loan Act 1862," I am desired by The Lords Commissioners of Her Majesty's Treasury to acquaint you, for the information of the Duke of Newcastle, that Their Lordships are of opinion that the sums to be provided as Sinking Fund under the 13th Section of the Act in question may be invested in the Consolidated £3 per Cent Annuities or in the New £3 per Cent Annuities, and They make no objection to the TrusteesproposedManuscript image proposed to be selected by the Secretary of State.
I am
Sir
Your obedient Servant
F. Peel
Minutes by CO staff
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Mr Elliot
Inform the Agents and the Governor.
ABd 26 June
Drafts—& also inform Mr Gairdner, in like manner as minuted on 6208 B. Columbia.
TFE 28/6
Other documents included in the file
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Elliot to W.C. Sargeaunt, Colonial Agent, 1 July 1863, advising that the governor had been instructed to make punctual remittances to the interest and sinking fund raised under the Road and Harbour Loan Act, and that he had been appointed as one of the trustees of the sinking fund.
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Elliot to Sargeaunt, 8 July 1863, advising him where the sums received for the sinking fund were to be invested.
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Rogers to Gordon Gairdner, Chief Clerk, advising that he had been selected as one of the trustees of the sinking fund.
Minutes by CO staff
Memo. Mr Gairdner said it would be convenient for him to be
informed by letter.
Other documents included in the file
*
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Draft reply, Newcastle to Douglas, No. 27, 1 July 1863.
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Draft reply, Newcastle to Douglas, No. 28, 4 July 1863.