OE THE NEW ZEALAND UNIVERSITY.

9

G.—No. 8.

No. 15. Mr. Tanceed to the Hon. H. Sewell. (Telegram.) Dunedin, Bth June, 1871. The object of a transfer of the fund is that the vote may not lapse by expiration of financial year; also, that the Council may defray some necessary expenses connected with New Zealand University. Henet John Tanceed, The Hon. the Colonial Treasurer, Wellington. Chancellor.

No. 16. Mr. Tanceed to the Hon. H. Sewell. Sib, — University of New Zealand, Dunedin, Bth June, 1871. In reference to my telegram, and your reply thereto, on the subject of the transfer of the funds appropriated for the purposes of the University of New Zealand, I have the honor to submit more detailed explanations on the views of the Council. The Council, taking into consideration the fact that the sum of three thousand pounds (£3,000), allocated by the Act to the University of New Zealand, will cease to be payable at the expiration of the current financial year, do not feel themselves in a position to enter into any engagement or to incur any expenditure unless in cases where the payment would become due previous to the 30th June. The Council does not understand that it will be necessary to draw the money which it appropriates by means of vouchers for each item, but that the Treasurer should pay over the whole of the three thousand pounds allocated for the purposes of the University, for specific appropriation by the Council. Otherwise the final decision as to the objects to be attained would rest with the Government and not with the Council. With regard to the second of the resolutions communicated to you by telegraph, viz., the mode in which the fund placed at the disposal of tho Council should be operated upon, the Council understands that arrangements can be made whereby money can be drawn at any branches of the Bank of New Zealand in the Colony on Government account. I should be obliged if you would inform me whether the arrangements proposed by the Council would be sufficient, viz., that payment should be made by cheques signed either by the Chancellor or Vice-Chancellor and countersigned by one other member of the Council. I presume, if this method is effectual, it would be necessary that the Bank of New Zealand should have the names and the signatures of the members. It has been suggested that, with a view of saving any loss of interest by the transfer of the three thousand pounds at once, the Government should enter into some understanding with the Bank to consider this sum, for the purposes of interest, as Government deposit until drawn by the Council. I should feel greatly obliged by your informing me what arrangements with tho Bank would be most convenient to the Government, and generally in what form payments should be made by the Council. I have, Ac, Henet John Tancred, The Hon. the Colonial Treasurer, Wellington. Chancellor.

No. 17. Mr. Tanceed to the Hon. W. Gisbobne. (Telegram.) Dunedin, 10th June, 1871. Eequested legal opinion as to interpretation of clause 9 of New Zealand University Act, and especially whether a general power of voting on all questions which may come before this Council can be given by letter addressed to the Chancellor or Vice-Chaucellor, or only a power of voting on any question or questions specified in such letter. Henet J. Tanceed, The Hon. the Colonial Secretary, Wellington. Chancellor.

No. 18. The Hon. W. Gisbobne to Mr. Tanceed. (Telegram.) AVellington, 21st June, 1871. Eeplt to telegram of 10th about proxies. Government advised that proxy may vote in any matter arising at meeting, and that matters need not be expressly mentioned in the letter. H. J. Tancred, Esq., Chancellor, New Zealand, University, W. Gisbobne. Dunedin.

No. 19. Mr. Tanceed to the Hon. W. Gisborne. Sib, — Dunedin, 12th June, 1871. I have the honor to inform you that the Council have made the enclosed regulations with regard to proxies, as required by clause 9 of the New Zealand University Act, under the 10th clause of 3