X
which her Majesty's Government some years back decided
to be fairly chargeable to it.
If without increased taxation
or some new source of Revenue Her Majesty's Government suffered that the Colony
was able to meet
an expenditure of $94,000 for
annum for the Military Contribution, I think the supposition has been proved incorrect, and I think
so without
reference to the Mint Expenditure
because
as I saw within
a week
after my arrival here, and
Governor reported to Mr Cardwell, the boasted means of the Colony had obtained
26th March
1866
not by Jeffery's fall
Its liability
this extent
And if the
Revenue was insufficient
I must
including Mil. Cont.
an
287
exaggerated reputation from
mixing of Capital derived from loan with Revenue arising from permanent
annual sources.
26.
I question if her Majesty's
Government has
any idea
originally of compelling the Colony to resort to special taxation for the purpose of making a
Payment in aid of Military
Expenditure,
the abstract
Policy of which I do not
offer
any
mean
observations.
I am
now merely dealing with dry facts, and I doubt if the real bearing of actual facts has been