:
Gov.
$3827
479273
9
this statement of Assets and Liabilities and that enclosed
in my Despatch No. 67 of 20th. March last is due to the
exclusion by subsequent direction of the Comptroller and
Auditor General of all items of revenue and expenditure
proper. According to the revised Estimates for 1908
ordinary and extraordinary Revenue is expected to yield
$6,075,755 or $152,135 less than was expected. Moreover
*
an excess of $478,373 is anticipated on the total Expendi-
-ture which was originally estimated at $6,178,531, These
estimates if realized will result in a deficit on 31st.
December, 1908, of $581,049 which deducted from the
balance of Assets accrued on 31st. December, 1907, will
give a balance of Assets on 31st. December, 1908, reduced
to $961,126.
5.
The Estimates for the coming year
disclose no material change in the general position of
Revenue. Ordinary Revenue, chiefly on account of an in-
-crease under Post Office, shows a rise of $125,806, but
this is more than counterbalanced by the fall in Land
Sales, and of the remaining extraordinary items the
Widows' and Orphans' Pension Fund belongs to the category
of "windfalls" and the special assessment of Light Dues
is a provision for special expenditure. Correspondence
regarding