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CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in
this Registration Statement on Form N-1A of our reports dated
July 28, 2000, relating to the financial statements and financial
highlights which appear in the June 30, 2000 Annual Reports to
Shareholders of Alliance Government Reserves Portfolio and
Alliance Treasury Reserves Portfolio, series of Alliance
Government Reserves which are also incorporated by reference into
the Registration Statement. We also consent to the references to
us under the headings "Financial Highlights", "Accountants", and
"Financial Statements and Report of Independent Accountants" in
such Registration Statement.
PricewaterhouseCoopers LLP
New York, New York
October 24, 2000
00250083.AJ6
