the Bank; from whose resources, and not those of the local Government, the money would be procured. His Excellency, in intimating that I ought to have provided the necessary funds, having been aware for a year past, that they would be required at this date, is probably not informed of the manner in which I am supplied with funds from Home. I am authorised, from time to time to draw for specific sums, in accordance with my own annual estimates. The letter of Authority has hitherto enabled me to obtain at the Bank by discount of my own Bills on the New Zealand Company, the money I required, In the present instance, however, the Manager of the Bank, for reasons which I think fully justify him, but which it is unnecessary to repeat, requires the endorsement of my Bill, by the Colonial Treasurer. With that