will shorts arise (en draft on 11766/2
and
Atura
Gre
Amy
ourplus funds weich
enfficient to pay for that work and
for this pray also it would be
a
to borrow with fo
absurd
mong. Such an
cause would
would beopen
68
the special fund shall not be
used permanents for this purpose,
and if there
were
accumulated surplus
other
the
Mangement for reimbursing
the Special Fund would.
But
Aus
there
be
necessary.
to the objection, lates. urged in the
Care
of Mauritius, to borrowing for
the purpose op maintaining
a user
reserve,
with than and ditiound which, moreove
the case of Hong kong is not
required
It appears, however, to me
now ample funds at once
reimburse
the Special Fund all
the Prayon Expenditure, the amnity for that purpone virtually
has the effect of maintaining
Thin A
the surplus on general account.
Whole
I would propose that
of the surplus.
the
Gerreral
account ($380,000) be used
that
the payment for the Praga
Вгада
dinston Augant
540% 175
wall by
of advances from
ufe
in
ク
thi
water
The Special fund to be repaid
annual instalments, is subject to
than
I A
objection.
It has been decided that
the Praja reconstruction
works
It will
d be incufficient, and I
would therefore borrow from thee
K-332
Fuly