No. 43
I have the honor to acknowledge the receipt of your despatch
No. 10 of
10th June, informing me that
Mr Charles Franks had
been appointed Treasurer of
British Columbia, and forwarding
fresh instructions as to the proper Auditing of the Public Accounts.
2. In obedience to these instructions I have to make the
following Statements;
1
st The Public Monies arising
from from the
Colonial Revenues are daily handed over by the Treasurer to the
Bank of
British Columbia, formed under Royal Charter. The current
Public business is transacted through the Bank.
2ndly The Treasurer will keep under his own immediate charge
a sum not exceeding fifty pounds (£50) to meet the current expenses of
his Department.
3. The Treasurer will furnish the Monthly Abstract of his cash
receipts and payments in the manner prescribed. I presume that copies
of these Returns are to be transmitted to your Department.
4. In like manner a Return of the Government transactions with
the
the Bank of
British Columbia will be required from the Agent of the
Bank in
New Westminster.
5. All cheques drawn by the Treasurer on the Bank shall be
countersigned by the Chief Clerk in his Department.
6. The Maximum sum for which the Treasurer's Draft, countersigned
by his principal Assistant, will be honored has been fixed at five
hundred pounds (£500). Above that amount my own warrant will be
required in addition.
7. The quarterly Returns shall be regularly transmitted together
with my Certificate of their
correctness correctness.
8. An Application has been made to the bank to know what interest
will be allowed on Deposits. The Agent in this Colony has applied to
his Superior Officer in
Victoria for instructions.
9. Your despatch was received by the Colonial Secretary, in
my absence, on the 12th of August. It was handed over to me on the
20th Ultimo. The new arrangements came into operation on the
7th Instant.
Minutes by CO staff
Mr Elliot
It may be as well to send this Desp. to the Treasury for
information & any observations they may have to offer?
Other documents included in the file
Elliot to
G.A. Hamilton, Treasury,
26 November 1864, forwarding
copy of the despatch for information.