But, if land be sold, new public works must be undertaken by the Government, as this forms one of the conditions of Sale: and the one item therefore may fairly be placed against the other.

10. The expenditure of £100,000 estimated above does not include the establishment for ... which it is hoped will prove self-supporting, at the outset, and in view of such a very ... contingency the available balance ought not to be reduced too low.

11. Such being the present financial position of the Colony and its prospects for 1865, I confess that I cannot see where the mint ... which will probably cost in Salaries alone £10,000 a year, because it is hoped that when the undertaking is once started it will be self-supporting. If it is not it will be a failure and should be stopped. However, it may ...

Military contribution of £20,000 a year next is to come from ... If it be insisted on, it can only be obtained either by the suspension of the mint works or by the imposition of a special Military contribution tax. The former would, in my opinion, be most ...

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