14
334
$150,000. The fact must not be lost sight of that a loan will entail an extra expenditure to the Colony of at least. 4% interest and 3% sinking fund which for $1000,000 would be $10,000. The Revenue from Opium is so liable to be affected by regulations -made by the Countries to which it is exported that I fear that the amount which
it has
produced in the last few years, cannot be reckoned
on with
any certainty for
the
· future.
melosure 5.7.
I
annex a statement
of funds in custody on 31st July
last
I have the honour to be,
My Lord, Your Lordship's Most Obedient Bumble Servant,
Must
on