a considerable abatement must be made to arrive at the actual available surplus at any moment, because the revenue accrues due half yearly, while the payments of the Colony are made monthly, so that there is always a sum due to the Colony. It is clear that while the Colony has more liabilities than assets, there is a discrepancy.
Thus I find on the 1st of January last, the statement of assets and liabilities was estimated at £98,549, but the actual cash on hand, including the current balances in the hands of the Treasurer and Agents General, amounted only to £85,841.
A nominal surplus of assets over liabilities of £73,000 at the end of the month would represent a cash balance of about £58,000; the whole of which sum, even, would not be available for disposal, as a small balance must be retained in the Treasury and some amount is held in the Crown Colonies Office in London, besides a stock...