Colonial Despatches
The colonial despatches of Vancouver Island and British Columbia 1846-1871
Despatch from London
Cardwell, Edward to Kennedy, Arthur 1 November 1864, NAC RG7:G8C/04, 333.
Abstract
Despatch from London.
Cardwell informs Kennedy that he has authorized the Crown Agents to pay Vancouver Island’s bills against their loan.
No. 58
1 November 1864
Sir
In answer to your Despatch No. 75 of the 14th of September, I have
the honor to acquaint you that I have authorized the Crown Agents to
accept and pay your Bills for £4,000 out of the proceeds of the
Vancouver Loan. The Treasurer states in hisletter
letter to you of the 12th
of September that he proposes to draw these Bills, because the balance
in the treasure is insufficient to defray current expenditure. I am not
sure what may be meant by these words, but you will of course take care
that the proceeds of your Billsdrawn
drawn against the Loan are only expended
on the objects for which that Loan is raised.
letter to you of the 12th
of September that he proposes to draw these Bills, because the balance
in the treasure is insufficient to defray current expenditure. I am not
sure what may be meant by these words, but you will of course take care
that the proceeds of your Billsdrawn
drawn against the Loan are only expended
on the objects for which that Loan is raised.
I am informed by the Crown Agents that after paying the present
Bills for £4000, the remaining balance of the Loan will be about £3,300
to which amount thereforeany
any further Bills on this account must be
limited.
any further Bills on this account must be
limited.