It is estimated that there are extra clues that would realize fully fifty thousand dollars per annum, and the Chaucer asks that an equivalent sum should be taken out of the existing light dues as an endowment to the South of the Colony.
A sum of $15,000 is suggested by some, while others opine that the best amount would be around twenty-five thousand dollars per annum, with the owner of about nine thousand dollars ($9,000) applied to the upkeep of the light-houses.
3. Before forwarding this letter, I thought it desirable to visit the different rocks and islands to consider the situation for this light. Commodore Morant, the Senior Naval Officer in the Colony, having kindly placed Her Majesty's ship Heroine at my disposal, I visited the different places on the 27th September last, accompanied by the Commodore, the Surveyor General, the Harbour Master, and the Assistant Harbour Master.
An annexed report will be found from the Master of the Ulster.
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