 The Colonial Bishoprics Fund was administered by William Howley, Archbishop of Canterbury, and the other English bishops.In 1843 they decided to give £20,000 to endow a separate bishopric in New Brunswick, which would be the Episcopal See of Fredericton.In October 1844, Howley wrote to Medley offering him the position, with an income of approximately £900 a year, and Medley accepted.