Sir F. Rogers
The Governor does not give us any recent information concerning the
financial state of
VanC. Isld. The last statement we can find is
one for seven months ending
Decr/59 according to which the Revenue was £6643.6 [and] the expense £7851.0 leaving a deficiency
at that
time of £1207.14.
Perhaps the Treasurer of
B. Columbia,
Capn Gosset, who is now in
England
might be able to furnish some inform
n on the subject, if you
wish for it. (5375/
60).
It might be observed to the T
y that the
deb
res are to be secured
not on the Land Revenue (
wh is under the control of the Crown) but
on the
Genl Revenue
wh is under the control of the Leg
re but
that the obligation of making up any deficiency in the
Genl Rev
e
would probably fall upon the Land Rev
e.
That it is possible some inf
tn may be derived from the Treas: of
B.C. Capt Gossett now in this Country and
That if their L
ps shd see no objection to the substance of these
acts, it will be necessary to obtain from
Mr Julyan a report resp
g
the mode in
wh V.C.I. shall pay for his Services.
It seems to me, I must say, that it can hardly be wise to borrow
money even temporarily at 15 per cent per ann.