Sclater Booth to Under-Secretary of State

The Lords Commissoners of Her Majesty's Treasury have had
before Them your letter of the 16 Inst, inclosing
Despatch from the Governor of British Columbia, in which
he suggests that the Sinking Fund of the B. Columbia Loans
should be invested in Colonial Securities, now below par.

My Lords desire me to state, for the information of the Duke of
Buckingham & Chandos, that before they express any opinion as to
the desireableness of the investment as proposed, They would be
glad to have the opinion of the Crown Agents with reference to
the Correspondence which took place in 1865.