CONSENT OF INDEPENDENT AUDITORS

Tri-Continental Corporation:

We consent to the use in Amendment No. 34 to Investment Company Act File No.
811-266 on Form N-2 of our report dated February 7, 2003, appearing in the
December 31, 2002 Annual Report to Stockholders, which is incorporated by
reference in the Statement of Additional Information, which is incorporated by
reference in the Prospectus, and to our report dated February 7, 2003, relating
to Financial Highlights - Senior Securities - $2.50 Cumulative Preferred Stock
appearing in the Statement of Additional Information, and to the references to
us under the captions "Custodian, Stockholder Service Agent and Dividend Paying
Agent and Experts" in the Statement of Additional Information and "Financial
Highlights" in the Prospectus.


/s/ Deloitte & Touche  LLP

New York, New York
April 29, 2003