2.

of the year to effect reductions to the extent of one fifth of the estimated annual-

for the

one-third.

the service.

Expenditure, and that nearly less has been voted for Colony by Parliament than I had

reason to expect would have been

3.

My

of the

Before entering on the question,

Lord, I must, with great respect

remark that I cannot from any

in

documents

this Office discover why the Revenue of

this Colony for 1848-49

at

has been estimated

£33,900, as I observe it to have been £35,800 in the Estimate laid before Parliament,

and on which basis the sum

of £25,000 appears to have been granted in aid of the Revenue of the Colony. Sir John Davis in his Despatch No. 104 of the 24 September, 1847, estimates the Revenue at

£28,700, and myself in Despatch of the 10th April of this year,

estimated it at £27,000; and from the

258

Documents appended to this Despatch it will be seen that the local Revenue in reality

will not exceed £25,010 instead

of £33,900, on

which the Parliamentary Vote appears

to have been based. So far

therefore from a reduction of £6,000, £7,000 being

made in the Estimate,

as

supposed possible by Your Lordship, it will be necessary to increase the Vote to this extent, in consequence of the Grant of Parliament having been made under an

erroneous impression of the real revenue of

the Colony.

4.

To satisfy Your Lordship

that due economy

has been observed since

I have been in charge of this Colony,

I enclose

a Statement of the Revenue and

Expenditure incurred from the 1st April to the end of last month, by which it will be seen that £25,000 have already been drawn from the Commissariat

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