In compliance with the instructions contained in Your Graces despatch
               N
o 7 of the 
24th February last I have the honor to forward herewith
               an explanation from 
Mr Watson, the Treasurer of this Colony, of the
               discrepancy between the Balance of the Account
of
 of Receipts and
               Disbursements of Imperial Funds in connection with the 
Island of San
                  Juan &c remaining in hand on the 
31ëst December 1861 and the amount
               brought forward on the 
1st January 1862.