No. 131
10 June 1862
With reference to my Despatch No. 123 of the 13th of May I have the honor to transmit to you for your information and guidance a copy of a letter which has this day been received from the Board of Treasury relative to the mode of adjusting the financialquestionsManuscript image questions between Her Majesty's Government and the Colony of British Columbia, and to your proposal for raising a loan with a view to the improvement of the Colony.
You will now be at liberty to provide for the negociation of such a loan to the extent of £50,000inManuscript image in the manner pointed out by the Board of Treasury, and I have to instruct you to use your utmost endeavors to effect the repayment of the various sums due to the Imperial Treasury within the specified time.
I have the honor to be
Sir
Your obedient Servant
Newcastle
Documents enclosed with the main document (not transcribed)
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Copy, Peel, on behalf of the Treasury, to Colonial Office, 16 June 1862, in response to "measures proposed," in an earlier correspondence, on the "financial difficulties of British Columbia."
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Extract, no author or date, entitled "Sinking Fund Clause."
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Copy of a bond, no date, to be "sent out to British Columbia for Signature, and returned again to England to be sold."
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"Observations on the British Columbia Roads Loan Act of 1861," 14 June 1862.
Pelham-Clinton, 5th Duke of Newcastle Henry Pelham Fiennes to Douglas, Sir James 10 June 1862, NAC :, 167. The Colonial Despatches of Vancouver Island and British Columbia 1846-1871, Edition 2.0, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. https://bcgenesis.uvic.ca/B627131.html.

Last modified: 2020-03-30 13:22:16 -0700 (Mon, 30 Mar 2020) (SVN revision: 4193)