Offices of the Crown Agents for the Colonies,
                     
                  
                     Spring Gardens, London, S.W.
                     
                  
               8 March 1867
               
               Sir,
                
            
            
               Referring to your letter of the 
7th instant authorizing the
               Trustees of the 
British Columbia Sinking fund to invest the proceeds of
               £17679.2.5 Consols in the forthcoming issue of 
Ceylon Debentures, I have
               the honor to request that the Trustees of the 
Vancouver Island Sinking
               Fund may be furnished with a similar authority with regard to a
               sum of £5619.6.4 Consols now standing to their credit on that account.
               
               The gain to the Colony on this reinvestment will be £120 per annum.