No. 13

I caused so much of the Blue Book Report for 1868 as refers to the
Public Debt of British Columbia to be forwarded to the Crown Agents for
any observations which might occur to them, and I now transmit to you a
copy of the reply which I have received from Mr. Julyan. His scheme
appears to me to indicate under all the circumstances of the case the
best practicable mode of lightening the burden of the existing debt, and
to deserve the very careful consideration of your Council to whom I have
to request you to submit it.