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I do not consider that the latter expedient would be justified at the present time but it may be found necessary to resort to the former in connection with the construction of the Refuge for small craft or even as a permanent source of Revenue, should the present decline continue.
5.
The footnotes and the appendix to the Estimates of Expenditure explain every item of an unusual nature comprised therein as well as the differences under sub-heads, while my remarks to the Council deal with the programme for Public Works the expenditure upon which has necessarily been reduced to nearly a half of the average of the last three years. I will refer more in detail to this subject in paragraph 9 et sequentia.
6.
For purposes of estimating Sterling payments other than of salaries, it has been assumed on the best local advice that 2 s. 1 d. will be the average rate of the dollar during the year.
7.
Additions to the establishment of the Colony which have been included in the Estimates in anticipation of Your Lordship's approval are as follows:- Colonial Secretary's Department. Three Unpassed Cadets. House Allowances. Registrar