2.
848
officers of this Government in
view
of the decreased value
of the dollar, I should perhaps
have laid before you
the
reasons which induce me
to
believe that the
Colony
will
be well able to afford the
expenditure proposed. Those
reasons.
may,
more or less.
it is true, be
gathered from
the annual Estimates forwarded to Your Lordship last week, but it will probably be-
better to submit them.
independently
:
independently.
2.
The total expense of
the scheme submitted to -
Your Lordship may
be taken,
in round figures, as #53,000. To afford the widest possible
I will suppose,
face
margin
however, that before it is
get into working order the
New
system will involve an
annual
expense of $65,000. Now the estimated balance.
to the credit of the Colony December 31st 1889 is #548,253,
the
on