Lif
may probably cost more than the sums estimated, while on
other estimates a
be
effected.
saving may
The Schedule will
a how
therefore consist only of a
inal list of the works.
The General Loan and Inscribed Stock Ordinance
leinito the contribution to..
sinking fund, to 1/2 % every
six months, which entails the
duration
of
the curr
ency of
the loan for a period of
not
less than fifty years.
fifty years. The
Unofficial members of Council
W
for
ay press, a shorter period,
and
I therefore solicit
your Lordships.
4.
5.
125
Lordships direction, whether, if
such should be the case
at liberty to allow a
if
I am
larger, and
so how much larger half
yearly contribution to be pro-
vided in the Ordinance.
My
Drove
opinion is that the
Loan should
for at least
because
the full term of 50 years,
thereby better terms will be se-
cured in borrowing. As the point
be raised in Council I may
by an Expression shall be obliged of your
Lord-
ships wishes in the matter.
Your
Lordship will observe
that the estimated total required
mpleting the works no
for
corn
the
enclosed list falls short of the
equivalent