Experience stands Fours:

Faces of assets over liabilities #

on 1st January 1883 —

£598,000

Perlike revenue 1863. £105,000

£203,000.

Expenditure 1883 Ordinary £85,000 Public Works. £45,000

£130,000

Probable receipt of assets £73,000

Core liabilities on "Jan" 1st

From

I have deducted

£15,000 for premiums, and added £2,000 to Postages. To Ordinary Expenditure I have added £2,500 as explained before, and to Public Works £2,500 to cover the cost of

purchasing

and

208

fitting out

a convict Hulk not estimated for. If the result is to differ much in the course of the year from this Estimate it can

only be

by the inability to expend within the year some of the money voted for public works, which will only have to be expended next year,

and will make no real

difference in the statement. From the nominal

12.

map, however,

of assets and

liabilities it must always

be borne in mind that

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