3.

From the Comparative Statement it

will be seen that while the hett Increase

of

with 1861, and

the

!

Revenne has been.

$

20,502, 39 the nett

4271657

Increase of Expenditure has been $61,400, 16

£12.79114~

liabilities and a

so that the Increase of Expenditure

over 1861

has been $40, 897, 77

£8,520,754

4.

A

reference

to Enclosure 2 in

my

Despatch No 6 of the 14th Instant will show

an

approximate excess of Afseto

over liabilities

at the close

1862

of $473,039,

83 while

at the close of 1861 this amount was $393,600,

in other words the increase on the

year

to the

credit of the Colony is about # 80,000.

5.

In explanation of the difference between the Financial position of the Isolong

82

at the termination

of

last

excess

year as compared.

Revenue over-

of

Expenditure, I world point out that this

arises from the Colony

now having fewer

greater amount of money

Outstanding Reverne) owing to it.

I venture to put this before Your

b.

Grace

as

a

highly satisfactory result.

I have the honor to be

May Lord Duke,

Your Gracio

Meast Obedient: Servant;

Share This Page