Memorandum, [Bridges] to Colonial Office
It is proposed to form a Company to establish a settlement in
Vancouver's Island on the following basis:
1st. A block of land of one Million of Acres to be assigned to
the Company by the Government, to be paid for as & when disposed
of to settlers, at 10 per Cent of the selling price—the fund so
accruing to be applied towards the expenses of local government.
2
nd. The lands to be disposed of to actual settlers, in town,
suburban & country allotments: the town lands in not larger
sections than one acre at £10 per section: the suburban lands
in sections of 25 acres at £100 per Section; and the outlying
lands at £1 per acre.
These are
London not California prices
3. The price to be paid either in cash down or by say ten
annual instalments of £13 for each £100 worth of land.
4. Forty per Cent of the price of the lands to be expended by
the Company in the transmission of labourers to the settlement
and their employment in preliminary works, such as surveying,
draining, road making, and laying out the site of a town and
such other operations
as
as may be deemed necessary for
facilitating the profitable employment of labour & capital by
individual enterprise.
5'th. A capital of £100,000 to be created immediately in
anticipation of the labour fund, to be raised from the sale of
land, to be applied at once in the preliminary adaptation above
specified.
6th. A reserve of [blank] acres of country land to be set apart,
to be granted free in moderate allotments, during the first year
of preliminary operations, to emigrants of the labouring class,
being British born subjects, on such conditions as may be
determined.
7th. Such reserves of town, suburban and country lands, as may be
agreed on between the Company and the Government to be set apart
for public purposes.
8
th. An upset price, not exceeding 20 shillings per acre, of
which 50 per Cent shall be expended in labour or adaptation, to
be fixed by Government on all lands in
the Island to be
henceforth disposed of by the Crown.
[No signature]
Minutes by CO staff
Sir Edward Lytton
After ack
g Mr Carlisle's [Carlyle] Letter I should suggest
that this memorandum from the Mitre Life Ins
ce Office
suggesting the starting of a Land Company to be managed in
London should be referred to our ordinary & proper place of
reference for all land questions, viz: the Land Board—where
this project will be sifted, and a full report afterwards made
to you upon it. I conclude that the object is to make ready the
way so that when
VanC. Isld reverts to the Crown next May this
Company may commence operations. If there is any thing solid in
this proposal we ought to know from the Governor whereabouts the
land already granted is situated. Otherwise we may be selling
land which is disposed of.
Land Board, in my opinion, asking for general advice. I have no
confidence whatever in
London Land Companies.
Send to Land Board, & reply meanwhile, very courteously to
Mr
Carlyle, to say that an answer will be sent—that apart from all
other objections to
London Land Companies, land at
Vancouver has
become so suddenly valuable in places, that it is expected that
land sold last year at 1£ an acre has been lately sold at more
than [cut off microfilm] an acre. And the [refnce] that in all
probabil
ty that it is only on the [spot]
[must lead An be sold] when
the Island reverts to the Crown.
Other documents included in the file
Draft,
Carnarvon to
T. Carlyle,
20 August 1858, advising that
the proposal would receive careful consideration and
"an answer will be returned to
Mr Bridges."
Draft,
Carnarvon to Emigration Commissioners,
17 August 1858,
forwarding copy of the memorandum for their report.
Other documents included in the file
T. Carlyle to
Lytton,
4 August 1858, introducing "The
Bearer,
Mr W. Brydges, of the Mitre Life Assurance Office,"
and testifying to his character and intellect.
Minutes by CO staff
[Letter on above:]
C.O.
August 6 1858
My dear
Blackwood
Sir Edward begs me to send you the enclosed minute
suggesting a
desph to
Gov Douglas by the next mail—Also a mem.
from
Mr Bridges upon
wh your opinion is visited.