Shepherd to Labouchere

I have the honour to Enclose for your information the accompanying
Extract from a letter recently received from Governor Douglas dated
Victoria, Vancouver's Island, 5th March 1856, by which you will
perceive that he is anxious to dispose of the tract of land on the
Island, known as the Governor's reserve.

The Directors of the Hudson's Bay Company see no objection to the
proposed sale, the proceeds of which would of course have to be carried
to the credit of the Vancouver Island Trust Fund; on the contrary, they
consider it very desirable that this Reserve should be disposed of for
the benefit of the Colony, as it has been found "a hindrance to the
Settlement of the Country," and may prove, as with similar reserves in
other Colonies, a frequent subject matter of dispute hereafter.

Upon receiving your sanction to the proposed Sale, I shall cause
Governor Douglas to be instructed to complete the conveyance.