public advertisement and (with a view to break the combinations that they should be put up to Auction at a fair price. The consequence is that Salt has obtained $2,500 for the Cult and $685.8.1 and $780 for the Quarries, being much more than double the amount of the estimate. I consider the sum obtained for the Quarry Farm as cold altogether beneath its value—and hope we shall do better next time.

9 Taxes. The Police Assessment estimated for the present year is apparently heavy, but considering the enormously increased value of property it does not press heavily on the proprietary, and as it is wholly inadequate to cover the entire cost of the Police, there is little room for its reduction.

The estimated cost of the Police including Magistrates and Police in the shape of salaries is £8,871.10.- Contingencies " £455.10.- Cost of Collecting Rate £135.-.- other Police charges " £1,530.4.- making a total of £10,382. So that the rate levied estimated at £4,000 (and producing in 1854 £3,327.0.9) will not cover, by more than £6,300 the charges incurred under this special head.

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