During the early days of British India, there was a time when the colonial Government aggressively started to acquire all the landed properties around the Government House for the construction of new offices for its different departments and residential quarters for the steadily growing army of the staff members. That was urgently needed to keep the government machinery functioning smoothly. The land on which Spence’s Hotel stood, was also acquired by the Government in the 1880’s, and Spence’s was relocated to Wellesley Place (renamed Red cross Place), from where it continued to operate, until it was eventually demolished unceremoniously.
Originally, Spence’s Hotel was located near the High Court Building and just adjacent to the Town Hall. After acquisition of the said property, a massive and magnificent building was constructed on the said plot of land between 1882 and 1884, during the tenure of Lord Ripon as the Governor General of the British India. E J Martin was the architect of the structure, while the Executive Engineer C J Mills was in charge of the entire construction.
The red brick structure of the Treasury building, located exactly at the crossing of Esplanade Row (West) and the Government Place (West), was built on a classical quadrangular plot. It has tall windows with beautiful arches. It is adorned with matching sets of Corinthian pillars and railed roofs. A pair of phoenixes at regular intervals added glory to its majestic glamour. The ornamental tablets, arching gateways and beautiful mansards at each end of the long cloisters running along the quadrangles made it gracefully gorgeous.
Originally the building was meant to accommodate the offices of the finance department of the British India. However, at present it housed the main office of the Principal Accountant General (audit & accounts), Government of West Bengal.