The only remark I have to offer, beyond that of expressing my

               satisfaction at the favorable condition of affairs in the Colony, is to
               guard you against entertaining the impression that Her Majesty's
               Government can possibly countenance your plan, in itself I do not doubt
               judicious for local interests, of purchasing or building a Steam Vessel
               for the service of the Colonial Government, on account of which you
               propose to draw on the British Treasury should your own funds fail.  I
               would observe to you
that
 that in all my instructions, from the foundation of
               the Colony to the present moment the principle on which I have
               proceeded, and which the constantly developing mineral wealth of 
British
                  Columbia has so amply justified, has been that of insisting that the
               Colony should defray the expense of its own requirements.  It would
               indeed be strange that this Country should be called upon to render
               pecuniary assistance to supply the ever recurring
wants
 wants of an infant
               Settlement which has been actually forced into existence through the
               ample supplies of Gold afforded by the Country it occupies.  The
               pressing circumstances of the case have undoubtedly compelled Her
               Majesty's Government to advance funds for fitting out the party of Royal
               Engineers which was so early despatched to the Colony; but these
               advances must be repaid; and it should be amongst the earliest of your
               financial
efforts
 efforts to do so.  I can therefore only say that if you have
               the means of establishing a Colonial Vessel I trust that she will render
               you valuable service; but that I can hold out no prospect of assisting
               you in her purchase or construction.  I may indeed add that certainly
               until the obligation above referred to  to this Country is discharged the
               Lords Commissioners of the Treasury would not feel themselves at liberty
to
               to accept Bills drawn on them for even temporary advances.