No. 58

I find that pending the consideration of the various questions
relating to the finances of British Columbia it has not been observed
that no decision with regard to the Ordinance No. 19 of 1867, entitled,
"An Ordinance to authorize the issue of Debentures for short temporary
Loans" a copy of which accompanied your Despatch No. 103 of the 7th of
September last, has been communicated to you.

I have now the honor to convey to you Her Majesty's Gracious
Confirmation and allowance of this Ordinance, but I assume that the
words "existing liabilities" which appear in the first clause of it are
to be strictly interpreted and limited by the words "existing temporary
loans" occurring in the preamble.