Julyan to Rogers (Permanent Under-Secretary)

The Agents General for Crown Colonies have been requested
by the Governor of British Columbia, in a letter of which copy
is enclosed, to negotiate a Loan in London, on behalf of the
Colony, by the issue of Six per Cent Government Debentures to
the extent of £50,000 under "The British Columbia Loan Act of 1863."

The wants of the Colony render it necessary that the
money should be raised with as little delay as possible, and
I beg to submit for the consideration of His Grace the Duke of
Newcastle that the Agents General should be authorized to take
the necessary steps for placing the Debentures on the Market
immediately the Act receives Her Majesty's confirmation.

The form of the Act itself appears to be such as will
satisfy the reasonable expectations of lenders, and the forms
of Bond and Coupon, lettered A and B in the Schedule, call
for no material alterations in order to make them conform to
the requirements of the Stock Exchange.