12
13
65
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itself for consideration whether extra Aaxation should be imposed at the present moment, and this has been referred to a Spesial Committee of Council, which has not yet reported. It had been
the general impression that extra
faxation would be abso
necessary
absolutely.
to enable the
Colony
to
meet the charges for interest and sinking fund on the loan, and
I admit that I have shared.
this impression until recently. In Shir G. Bowen's despatok No. 438 of
2236955
of 20
20th November last, he reported
that the consideration of the Spirit Farm Ordinance, had been postpone till the accounts.
for 1885 had
been closed, when the Colonial
Government and Legislature would be in a position to judge
more
accurately than was then possible of the financial prospects of the Colony Sir G. Bowen also stated that "many of those best qualified to judge, confidently believe that the progressive development of
commerce now relieved
our
now relieved from the
depression