by.

view to raising the Loon Inscribed Stock, and converting the existing Debenture issue.

Ishall, at an early date

after the meeting of the Legis- lative Council cause the Gener.

al loan and Inscribed Stock

Ordinance to be introduced,

and as soon as it has been passed Ishall make the nec- essary order in Council, de- claration, and request to the

brown Agents,

and introduce

the Ordinance an

borrowing

of

:uthorising the

£200,000 under

the provisions of the General

Z

Loon and Inscribed Stock Ordinance.

3

hist of Proposals.

Public Works Extraordinaryy

124

I enclose, for your Lordships

information, draft of the list of works which I propose, to insert in the Schedule to the

latter Ordinance. The list.

includes the works mentioned

in the second paragrapt of your Lordships despatch. It also

shews the estimated cost of

each work, the estimated ex-

penditure up to the end of the

current

year,

and the estimated

amount there after required for completion, but I do not

propose to insert these part- iculars in the

the Schedule,

as some

of the works b :g: Gaol satension

may

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