No. 13
With reference to Your Despatch N
o 23 of
13th April,
transmitting
copy of a letter from the Crown Agents, respecting the
liabilities of this
Government Government on account of the
British
Columbia and
Vancouver Island Loans, both as regards interest
and Sinking fund, I have the honor to report to Your Lordship
the course which has been pursued in this matter.
2. The sum to be remitted yearly to England on account of
Sinking Fund and Interest is about Twenty five thousand pounds
(£25,000), and it has been our custom
to to forward a sum of Two thousand
pounds (£2000), on the 1
st of each month, with an extra sum of One
thousand pounds (£1000) in the Month of June to make up the amount.
3. During the year
1869 this has been done with great
regularity; the sums forwarded having been as follows—
January |
£1500 |
February |
2000 |
March |
2160 |
April
April |
2000 |
May |
2000 |
June |
3500 |
Total |
£13160 |
or a sum of Thirteen thousand one hundred and sixty pounds, in
six months.
Occasionally, however, consequent on the great irregularity of
our Mails the monthly payment may have been deferred for two or
three weeks and thus has arisen the
apparent apparent irregularity
complained of in Your Lordship's Despatch N
o 23 of
13th April.
4. The payments for the remainder of the year, will be
regularly made as follows—
July |
£2500 |
August |
2000 |
September |
2300 |
October |
2000 |
November |
2000 |
December |
2000 |
I
I beg to solicit Your Lordships approval of this arrangement,
and will be glad to know if such payments will be considered
sufficient to meet the regular and incidental liabilities of the
Colony for the remainder of the year, or if any larger sums are
considered necessary for that purpose.
I have the honor to be
My Lord,
Your Lordship's most obedient
humble Servant
Philip J. Hankin
Administering the Government
Minutes by CO staff
At once.
Other documents included in the file
Sandford to Crown Agents,
24 July 1869, forwarding copy of the
despatch and additional correspondence for observations.