With reference to your letter dated 
7th Instant
               enclosing copy of a Despatch from the Governor of 
British
                  Columbia forwarding a Proclamation, N
o 5 of 
1863,
               authorizing the Agents General for Crown Colonies to raise
               a further Loan of £50,000 on the security of the local
               Revenue of the Colony, I am comanded by the Lords Commissioners
               of Her Majesty's Treasury to acquaint you, for the information
               of the 
Duke of Newcastle, that their Lordships see no objection
               to this Proclamation.