I have the honor to acknowledge the receipt of your
Grace's despatch No 29 of the 4th July last acquainting
me that it had been decided to invest the sums set apartto to
form a sinking fund for paying off the British Columbia1862
Loan, either in the Consolidated Three pounds (£3) per cent annuities,
or in the New Three Pounds (£3) per cent annuities.
I have the honor to be
My Lord Duke,
Your Graces most obedient
humble Servant James Douglas