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<fileDesc><titleStmt><title><persName ref="prs:grenville_r"><surname>Grenville</surname>, <forename>Richard</forename></persName> to <persName ref="prs:seymour_f"><surname>Seymour</surname>,  <forename>Frederick</forename></persName> 25 June 1868, NAC RG7:G8C/15, 203.</title>
<author><persName ref="prs:grenville_r">Buckingham &amp; Chandos</persName></author>
<respStmt><resp>addressee</resp>
<persName ref="prs:seymour_f">Seymour</persName>
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<publicationStmt><p>Published by Jim Hendrickson and the University of Victoria.</p>
</publicationStmt><notesStmt><note xml:id="B687037_citation"><bibl><persName ref="prs:grenville_r"><surname>Grenville</surname>, <forename>Richard</forename></persName> to <persName ref="prs:seymour_f"><surname>Seymour</surname>,  <forename>Frederick</forename></persName> 25 June 1868, NAC RG7:G8C/15, 203.<title level="m">The Colonial Despatches of Vancouver Island and British Columbia 1846-1871</title>, Edition 2.6, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. <ref target="B687037.html">https://bcgenesis.uvic.ca/B687037.html</ref>.
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<idno type="page">203</idno>
<idno type="despatchNo">37</idno>
<series>B.C.</series>
<date when="1868-06-25" type="sent">1868</date>
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<profileDesc><abstract><p>Despatch from London. 
                Other documents (7).</p>

<p>
<persName ref="prs:grenville_r">Buckingham</persName> transmits correspondence between the <orgName ref="org:colonial_office">Colonial Office</orgName>, <q>the Board of Treasury and the <orgName ref="org:ocac">Crown Agents</orgName>,</q> in which the <orgName ref="org:ocac">Crown Agents</orgName> were given permission to invest <q>the Sinking fund of the <placeName ref="plc:british_columbia">British Columbia</placeName> Loans in the purchase of Debentures of <placeName ref="plc:british_columbia">British Columbia</placeName> or of <placeName ref="plc:ceylon">Ceylon</placeName>, <placeName ref="plc:new_south_wales">New South Wales</placeName>, <placeName ref="plc:mauritius">Mauritius</placeName>, <placeName ref="plc:victoria_au">Victoria</placeName>, <placeName ref="plc:cape_good_hope">Cape of Good Hope</placeName> or <placeName ref="plc:new_zealand">New Zealand</placeName>,</q> under <q>the provisions of the Ordinance No. 6 of <date when="1866">1866</date>.</q>
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<persName ref="prs:seymour_f"><surname>Seymour</surname>,  <forename>Frederick</forename></persName>
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<!--&amp;lt;name type="cdorigin"&amp;gt;Buckingham &amp;amp; Chandos&amp;lt;/name&amp;gt; -->
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<!-- ..cm =================================================================== -->
<div type="despatch_from_london">
<head>
No. 37
</head>
<opener><ref type="co_ref">NAC, RG7, G8C/15, p. 203 (CO 398/5, p. 141)
</ref>
<date when="1868-06-25">25 June 1868</date>
<salute>Sir,</salute>
</opener>
<p>
I have the honor to acknowledge the receipt of your Despatch No.
4 of the <date when="1868-02-03">3rd of February</date>,<!--<fw type="catchword" style="text-align: right;">suggesting</fw><pb facs="co_398_05/co_398_05_00072r.jpg"/>--> suggesting that the Sinking fund of the
<placeName ref="plc:british_columbia">British Columbia</placeName> Loans should be invested in the purchase of the
Debentures of the colony.
</p>
<p>
In reply I transmit<fw type="catchword" style="text-align: right;">to</fw><pb facs="rg7_g8c_15/rg7_g8c_15_00115v.jpg"/> to you, for your information, copies of a
correspondence which has passes on the subject between this
Department, the Board of Treasury and the <orgName ref="org:ocac">Crown Agents</orgName> from which
you will see that the <orgName ref="org:ocac">Crown Agents</orgName> have been given a discretionary
power for the investment, subject to the provisions of the Ordinance
No. 6 of <date when="1866">1866</date>, of the Sinking fund of the <placeName ref="plc:british_columbia">British Columbia</placeName> Loans in
the purchase of Debentures of <placeName ref="plc:british_columbia">British Columbia</placeName> or of <placeName ref="plc:ceylon">Ceylon</placeName>, <placeName ref="plc:new_south_wales">New
South Wales</placeName>, <placeName ref="plc:mauritius">Mauritius</placeName>, <placeName ref="plc:victoria_au">Victoria</placeName>, <placeName ref="plc:cape_good_hope">Cape of Good Hope</placeName> or <placeName ref="plc:new_zealand">New Zealand</placeName>.
</p>
<closer>
I have the honor to be<lb/>
Sir,<lb/>
Your most obedient humble Servant<lb/>
<persName ref="prs:grenville_r">Buckingham &amp; Chandos</persName>
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<ab>Copy, <persName ref="prs:rogers_f">Rogers</persName> to the Secretary to Treasury, <date when="1868-04-16">16 April 1868</date>, forwarding a copy of a letter "suggesting that the Sinking Fund of the <placeName ref="plc:british_columbia">British Columbia</placeName> loans should be invested in the purchase of the securities of that Colony which are now selling below par."</ab>
</div>
<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00117r.jpg"/>
<ab>Copy, <persName ref="prs:sclaterbooth_g">Booth</persName> to the Under Secretary of State CO, <date when="1868-04-27">27 April 1868</date>, saying that "they would like the opinion of the <orgName ref="org:ocac">Crown Agents</orgName> with reference to a correspondence that look place in <date when="1865">1865</date>," regarding the Sinking Funds of <placeName ref="plc:british_columbia">British Columbia</placeName>.</ab>
</div>
<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00118r.jpg"/>
<ab>Copy, <persName ref="prs:rogers_f">Rogers</persName> to the <orgName ref="org:ocac">Crown Agents</orgName>, <date when="1868-05-04">4 May 1868</date>, stating that it was suggested in a letter that "the Sinking Fund of <placeName ref="plc:british_columbia">British Columbia</placeName> Loans should be invested in the purchase of the securities of that Colony which are now selling below par."</ab>
</div>
<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00119r.jpg"/>
<ab>Copy, <persName ref="prs:sargeaunt_wc">Sargeaunt</persName> to <persName ref="prs:rogers_f">Rogers</persName>, <date when="1868-05-21">21 May 1868</date>, stating that it was suggested in a letter that "the Sinking Fund of <placeName ref="plc:british_columbia">British Columbia</placeName> Loans should be invested in the purchase of the Debentures of that Colony," and that the <orgName ref="org:ocac">Crown Agents</orgName> have approved this.</ab>
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<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00121r.jpg"/>
<ab>Copy, <persName ref="prs:elliot_tf">Elliot</persName> to the Secretary to <orgName ref="org:treasury">the Treasury</orgName>, <date when="1868-05-29">29 May 1868</date>, enclosing a copy of a letter from the <orgName ref="org:ocac">Crown Agents</orgName> "containing their observations as to the investment of the Sinking Fund of <placeName ref="plc:british_columbia">British Columbia</placeName> Loans in the purchase of Debentures."</ab>
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<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00122r.jpg"/>
<ab>Copy, <persName ref="prs:hamilton_ga">Hamilton</persName> to the Under Secretary of State for the Colonies, stating that no objection will given to the <orgName ref="org:ocac">Crown Agents</orgName> having the authority to decide the allocation of the Sinking Funds of <placeName ref="plc:british_columbia">Britith Columbia</placeName> Loans.</ab>
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<div type="other_entry"><pb facs="rg7_g8c_15/rg7_g8c_15_00123r.jpg"/>
<ab>Copy, the Under Secretary of State <orgName ref="org:colonial_office">Colonial Office</orgName> to the <orgName ref="org:ocac">Crown Agents</orgName> for the Colonies, <date when="1868-06-25">25 June 1868</date>, enclosing a letter saying "that they will not object to a discretionary power being given" to the <orgName ref="org:ocac">Crown Agents</orgName> concerning the investment of the Sinking Fund of <placeName ref="plc:british_columbia">British Columbia</placeName> Loans.</ab>
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