B.—No. 4

arranged to take up the forty thousand pounds in debentures, now lying in the Bank of Victoria, he will furnish the Manager of the Bank in Wellington with the required order on the Crown Agents, before the departure of the out-going mail. I have, &c, J. Woodward, The Inspector of the Bank of New Zealand, Auckland. Assistant Treasurer.

No. 13. Copy of a Letter from the assistant treasurer to the inspector of the bank of new Zealand, (3S) Auckland. Sir,— Treasury, Wellington, 13th January, 18G6. Eeferring to my letter, No. 32, of yesterday's date, I am now instructed by the Colonial Treasurer to say that, as there is no difference of opinion between the Bank and the Government, respecting the removal of the account from Auckland to Wellington, he looks for that being done from the Ist instant, whatever other arrangements may hereafter be come to on other points. I have, &c, J. Woodward, The Inspector of the Bank of New Zealand, Auckland. Assistant Treasurer.

No. 14. Copy of a Letter from the CNSFEOTOB or the bank of HEW zeaxasd, Auckland, to the hon. (.5-17) the colonial tukasurer, Wellington. Si it, — Inspector's Office, Bank of New Zealand, Auckland, 27th January, ISG6, I have the honor to acknowledge receipt of your letter of 12th instant, No. 32, desiring information as to the sense in which the terms "involve an advance exceeding £5,000" are used, in my letter of 3rd instant. The statement of the indebtedness of the Government to the Bank being kept at this Office, any transactions which increase that indebtedness more than £5,000, in any one month, will be regarded as necessitating twenty-one days'-noticc. With a view, however, to relieve you from any possible inconvenience, the Directors authorize me to extend to £10,000 in any one month, the limit of new business, which may be arranged by the local Manager, without reference to Auckland. In reply to the second paragraph of your letter, I have the honor to inform you that as specially named in my letter of the 16th ultimo, it is not proposed to allow interest on any balances, except those of the Sub-Treasurers' accounts. In compliance with your request, the advance of £40,000 obtained from the Bank of Victoria, on security of 8 per cent, debentures, has been liquidated. I have, &c., D. L. Murdoch, The Honorable the Colonial Treasurer, Wellington. Inspector.

No. 15. Copy of a Letter from the inspector of the bank of new Zealand, Auckland, to. the hon. the (5-18) colonial treasurer, "Wellington. iSir, — Inspector's Office, Bank of New Zealand, Auckland, 27th January, 1860. I have the honor to acknowledge receipt of your letters of the 13th and 15th instant, Nos. QH and 17, and to inform you that the working account of the Government is now transferred to Wellington. The record of the indebtedness of the Government to the Bank being alone kept at this office. If at any time you desire to make a reduction in the amount of the overdraft, the Manager at "Wellington has instructions to make the needikl transfer to this office, and interest will be allowed from date of payment in Wellington; and in like manner any new advance which may be made by the Bank as referred to in my letter, No. 5-17, of this date, will be added to the amount now owing by the Government to the Bank, as shewn in the books of this office. I have, &c, D. L. Murdoch, The Honorable the Colonial Treasurer, Wellington. Inspector.

No. 16. Copy of a Letter from the assistant treasurer to the inspector of the bank of new zevland, (195) Auckland. Sik — Treasury, "Wellington, 15th February, 1866. Eeferring to your letter, of number and date as per margin, I am again instructed by the Colonial Treasurer to request explanations of its terms, as he is not yet sure that he understands your lnean-

5-17, 27tli Jan., 18G6.

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CORRESPONDENCE WITH THE BANK OE NEW ZEALAND.