may finally be a more
question of whether with the large
money,
expenditure for bounties and passages,
as also hereafter for pensions, which
I believe have been
a
principal
inducement with the recent recruits,-
there
can...
paramount
be found adequate funds
to defray the expense of recruiting in Scotland. Nevertheless, I think it the duty of the Colony to provide the means of protecting life and property adequately, and with the aid of the
Special Fund there ought to be
sufficient means for enlisting
was
Atlas
More
A0
ly
more efficient recruits, than
formerly possible.
8. At the same time it is
extremely difficult,
359
even when a
fund is available, to invest it
permanently and profitably here,
without incurring
more or
less speculative risk. Hence the best investment which
I could find for the $90,000 allotted
in
support of the Chinese Hospital assumed that offered by placing the
money,
per
cent
as a
fixed deposit at 5 per
for
Three
years,
in
a
Bank
supposed to be thoroughly solvent.
9. On the whole, however,
I see reasonable grounds for
encouragement
1. The Colony
is nearer to
obtaining a supply of serviceable Europeans than before.
2oth There are