Colonial Despatches
The colonial despatches of Vancouver Island and British Columbia 1846-1871
Public Offices document
Hunt, George Ward to
Adderley, C. B. 18 May 1867, CO 60:31, no. 4858, 53.
Abstract
Hunt, George Ward to
Adderley, C. B. 18 May 1867, CO 60:31, no. 4858, 53.
Public Offices document.
Minutes (3), Other documents (2).
Hunt to Under-Secretary of State
Treasury Chambers
18th May 1867
Sir,
The Lords Commissioners of Her Majesty's Treasury have had
before Them your letter of 14th February last inclosing
correspondence on the subject of the refusal of the Bank of
British Columbia to discount a Bill which the Acting Governor
proposed should be drawn by the Crown Agents on the Government
of that Colony for the Interest and Sinking Fund due on the
Loans to 31st December last, and requesting to be informed
whether Their Lordships can suggest any particular method of
remittance as most fitting for placing the requisite funds in the
hands
of the Crown Agents at each half yearly period.
of the Crown Agents at each half yearly period.
My Lords request that you will inform the Duke of Buckingham
and Chandos that, in the absence of a Treasury Chest in British
Columbia, My Lords consider that Bank Bills of short date should
be purchased in the Colony and sent to the Crown Agents early
enough to mature before the payments of interest and sinking
fund fall due in London.
The Governor should be directed to consider liabilities in
respect of loans to stand in the position of primary charges on the
Revenue, even before the Salaries of Public Officers; and to
purchase
at least three months in advance, good Bank Bills, and to
send them forthwith to the Crown Agents.
at least three months in advance, good Bank Bills, and to
send them forthwith to the Crown Agents.
My Lords desire me to express Their regret that their reply
has been so long delayed; which has resulted entirely from an
accidental oversight.
Minutes by CO staff
Other documents included in the file
Minutes by CO staff
Submitted for approval. The B. Columbia neglect of it's public
obligations is a very serious subject indeed. It has been before
the Duke on another occasion, who adopted this view, which had
previously been taken by Lord Carnarvon & by Treasury.
TFE
10/6
Other documents included in the file
*
Elliot to G.A. Hamilton, Treasury, 18 June 1867, forwarding
copy of instructions to governor regarding remittances.