for 1866 Falle word of
excess of expenditure over revenue for &
that for £865 by £12,000; the year 1856 amount
A
deficiency which cannot
be accounted for in the
Chinese Difficulty, the latter
not having commenced
to
very nearly £7000 which
the whole
must have been
depayed from the accumulated
balances of former
years.
before the end of the year : But it appeared
but which seems to be
almost wholly attributable
to a falling off of the land
revenue
from your despatch No 178 of 13 Sept. 1856 forwarding,
the estimates for 1856 that you calculated
a balance
to the credit of the
Colony at the end of
1855, which
was,
perhaps, exceptionally
large. No explanation
of this is given in
your
the deficiency
amounting
to £14230 and
I was therefore
willing to believe
that notwithstanding
the resources
for 1856 the
Colony would
bear the various
charges on its revenue
as per Despatches.
3. It appears further,
That The Expenditure for
1856 Exceeded the revenue
by £43256 and have been sanctioned
by H. M. Govt at your recommendation.
It appears however by
your Despatch for 1857
enclosing the Estimates
that you anticipated
for That year
revenue
but little
larger than
1856,
Expenditure
£11500
greater by £7000 than
that of 1856, and a
deficiency of £17000
in comparison. A revenue