Adverting to my Despatch N 10 of the 
16 Instant, and
               to Your Grace's Despatch N 56, of the 
2 October last,
               instructing me to cause the sum of £10,704.16.7. to be
               repaid to the Imperial Treasury out of the Revenues of the
               Colony of 
British Columbia, I have the honor to acquaint
               Your Grace that
I
 I have by this mail forwarded to the
               
Crown Agents for the Colonies a copy of the "
British
                  Columbia Loan Act 
1864," and have authorized them, so
               soon as the said Act receives Her Majesty's sanction, to
               negotiate the sale of a moiety of the Debentures to be
               issued under that Act, and with the first proceeds thereof
               to pay the sum aforesaid to Her Majesty's Government in
               liquidation of the charge now standing against this Colony.