I have the honor to transmit to you, for your information and
guidance, the accompanying Copy of a letter from the Board of Treasury,
enclosing copies of the Bonds executed by
Mr. Franks and the European
Assurance
Assurance Company as security for the proper discharge by
Mr. Franks of
the duties of his Office. You will perceive that their Lordships
consider that it will be necessary, on occasions when the Treasurer may
be absent from his duties to take security from the Officer who may be
appointed to act for him.