12.

13

294

properly be levied without

the

any

undue pressure upon Property Holders in the Colony

It is time that the times are

not altogether favourable for proposing increased taxation, although prospects are more hopeful, business is at present very

dull

Yet

I have

no doubt that if the

modified scheme now

proposed

proves

to be

successful

as anticipated, the slight additional burden referred to will be borne not unreasonably by the Ratepayers

Should Your Lordship

16.

approve, therefore, of the suggestions

and recommendations contained in

this Despatch, I shall be prepared

to introduce the

necessary

Ordinance

providing for the imposition of

an increased Water Rate and

raising the necessary Loan.

In conclusion, I beg to

19.

draw Your Lordship's special attention to the elaborate plans which have been prepared in the Survey Department to

accompany Mr Price's Report.

They reflect the highest credit

not

only upon

that

officer but

upon his subordinates, and when

taken together with the Report - both preliminary and final - they

indicate

very clearly

that

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