+
works ancunta to $165,000, but a portion of this
liability is not at present accepted by the Colony, and
it is not possible to state over what eriod the expendi- ture would be spread.
195
In view of the difficulty that niwnys arises
on obtaining set from the Colony to reet what the
Bar Ozzine regards as their liabilities under besda
a +
~ And Rs sécified above, and to prevent the delay
and friction which inevitably ensue from correspondence
on such matters between the folanial Office, the fclony,
and this Department, it has been suggested by the Colonial Defunce Corrittes (sas copy of Report enclo sad)
that the Rong Wong Military Contribution should be raised from 17gi to koji of its revenue and should cover the entire cost of its defences, including all capitn).
expenditure required for military lands acid Puildītu.
The reverne of the Colony for 1000 was
$2,991, 310 and that for 1900 is estimated at $7,075, 479.
There is no reason to suppose that the revenue in future
years will fall below $3,000,000; in fact, as the
rovenue has grown aboudily from 1890 whon it was $1,305,is
it is very probable that it will rise above $i, enr, ere
in view or the ncquisition of new ter-itary.
7
An additionnd zeg en $1,000,000 will produce
? 1000, said a perpetuity of thân rum nt the present
rate of exchange would be worth at 241 0207,500 or it h
2739,467,
It