338
in trade and population. Now-
if the Colony contracts a loan of $1,000,000; we must set a
side
about 8 per cent on that amount Say 5 per cent for interest and charges, and three per cent
for Sinking Fund This would
require $80,000:
-
year.
A tay
yielding $100,000; would coven) this
}
and leave a profit besides. And whereas the annual charges to meet the loan would steadily
the yield of a sperit
decrine), ૧૨ K |
Farms could not but steadily wcrease.
I have, vo (8.9 A. Lister
Treaswier!
DRAFT.
my Kony
Wo. 128 Jul. Bower
MINUTE.
Mr. Pearson 4 key
Mr. Wingfield.
Mr. Bramston..
Mr. Meade.
Sir R. Herbert.
Lord Dunraven.
Colonel Stanley.
for:
12353
How how
buy An: 85
Li
I have the Lowon
to acknowledy
receipt of your disp; No.255 of the 51
I
Jaime,
of a Trail Farm in
beder
to raise the
Eaxation which
will be required ameet the charge for
interes & Suiting, and
of
the
Public Works
new Rosu
喜