 
                  
                  
                  
                  
                     As to the financial
                     condition of the Colony it is expected that there will be a deficit
                     of £45,000 in last years Revenue.
                     
                  
                  
                     As to the settlement of the
                     
Red River District I believe that successive

 Secretaries of State
                     have been of opinion that its colonization should be undertaken by
                     the Canadian 
Gov—but I pass this on to you through 
M Dealtry
                     who will be able to give some information on that point, & the other
                     questions relating to Saskatchewan & the 
Lake District.
                     
 
                  
                  
                     I dare say that the progress of "self government" will be rapid,
                     when the new Colony is well

 afloat. The two points will be 1. the
                     legalization of the present informal mode of securing a representation
                     of the Colony. 2. a decision of the number of magistrates &
                     officials in the Council.
                     
                     I should be disposed to send copies of these to 
L
                        Monck—confidentially like all 
F.O. communications of this
                     kind—observing
                     that all the inf 
w reached HG impressed on him the paramount
                     necessity of losing no time in dealing with the H.B.C. question.