There is no doubt of the enormous sales, but there is no doubt
also that of the amount realized 10 per cent only belongs to the
Company, & 90 per cent must be spent on "colonization" & which,
properly managed, ought to form a considerable fund in reduction
of the money due on
![Manuscript image Manuscript image](https://hcmc.uvic.ca/~coldesp/jpg_scans/jpg_thumbnail/co_305_09/co_305_09_00620v.jpg)
settlement of accounts from the Crown for
the repurchase of
Vanc. The only question is whether it is
worth while to let the Company (and
M Douglas) know that we
are aware of the state of things. I am inclined to think it is;
& that we had better ask the Co. whether they have any (and
what) accounts of recent sales of land.