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to induce the War Office Authorities to consent to a reduction of the amount of the annual Military Contribution of £40,000 (sterling) payable by this Colony, in view of the enormous fall in exchange, and the increased expenditure in dollars entailed thereby on the Colony, and in view also of the fact that the revenue for the current year has been estimated at only a little over $1,900,000, an estimate which is not likely to be largely, though it may be slightly, exceeded.
The revenue for 1892 was unusually large owing to deferred payments by the Opium Farmer, the account of the previous year having been credited to it, to unusually considerable arrears of taxes having been recovered by Mr. May while...