 
                  
                  
                     The 
Victoria merchants it appears hope that the Morrill
                     tariff (if it can be maintained) will enable them to establish
                     
Victoria as a Species of Emporium (in the nature of a bonded
                     warehouse) for the East Coast of America.  But for this it is
                     necessary that they should be in regular communication with the rest
                     of the world 
wh was not the case at the date of this memorial—&
                     once the Governor had 
recd no letters by post from Europe between
                     the 
8th of March and the 
20 of May.  The overland mail it appears was
                     delayed by the hostility of the Indians, & the letters viâ
                     
Panama by order as I understand of the U.S. Postmaster were not
                     received on board the American Steamers running from 
Panama to 
Victoria.
                     
                     This state of things, as I understand is terminated by the temporary
                     contract with an American steam vessel company 
wh is to last for 6
                     months from the 
1st of March last under a subsidy of 5000£ per ann.
                     payable in equal proportions by 
V.C.I. & 
B. Columbia.
                     
                     The memorialists want a British Compy to be set up with an Imperial
                     subsidy.
                     
                     
                  
                  
                     The memorial is forwarded by 
Mr Laird and I presume can only

 be
                     answered by reference to the C.O. letter to him of the 
5th June 1862
                     sending the whole [Pk
g?] to T
ry
                     for infn.
                     
                     It seems to me I confess that the case is one which calls for no
                     Imperial assistance.  We subsidize the Australian Steam Packets
                     (I presume) not from [love?] of Australia, but because the
                     correspondence 
wh passes by those Steam Packets is correspondence in
                     
wh the British public is as much interested as the Australian
                     public.  But these postal facilities are required not for a special
                     trade bet
n England & 
V.C.I.
                     
                     
                     
                        
                           
                           Mr Jannians illustrations are not Manchurian cotton but China sugar,
                           French brandy, Tea, Coffee, Rice.
                           
 
                        
                      
                     
                     but to enable the 
V.C. Islanders to
                     Establish themselves as a Pacific Emporium in preference to 
St
                        Fransisco.  [Thus it?] really seems to me an object—highly desirable
                     no doubt—but 
wh ought to be effected at the Colony's expense—and
                     w
h, if necessary will be so effected [if we can?] make it
                     unequivocally clear that they must do it for themselves &
                     will not lose time by delaying it in hopes of help from us.