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Fund, there would now be claims for Pensions, as all the Public Servants would be in the same position as those who were appointed prior to 1847, and who declined to place themselves under the provisions of the Act.

11. The whole argument short amounts simply to this - that there being now a prospect of the Colony becoming for the future self-supporting, it should therefore be required to pay back the sum voted by Parliament for its establishment. But as I think Her Majesty's Government will not, when the case is before them, be disposed to insist on such terms, I venture to bring the question under the notice of your Grace and to ask that it be considered.

12. were

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The matter might, I think, be satisfactorily arranged either by transferring to the credit of the local Revenue the abatements received by the Imperial Government from those whom the Colony is to be required to find Pensions - which course by the Colony would not still be a large loss; or even, if that cannot be done, apportioning the Pension (hereafter awarded to each contributor to the Superannuation Fund) between

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