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approximate is made.

FENCING & SIGNALS is increased by $8190.- to provide the

The amount now shown fencing of the new Terminal Station. does not I understand include the fencing of the Railway throughout cultivate areas where cattle are liable to stray

on the line. The Railway Engineers could not reasonably

The Estimate suppose that such areas could be left unfenced.

appears therefore to be insufficient? TELEGRAPH. Increased by $107.42 for no apparent reason since

The inclusion of cents in work has practically not begun. the final Estimate of cost when alterations of such magnitude are made, gives an air of absurdity to the Estimates. BALLAST. The Estimate of February 1908 increased that of June 1907 by $13,813 with the note "Ballast may perhaps be exceeded". The Estimate of March 1909 shows a decrease of

and $22,044 on the original of $35,857 on the revised Estimate of February 1908. It is difficult to understand why so large an increase was made, after a year's experience and then &

large saving substituted.

PERMANENT WAY. Here again the February 1902 Estimate increased the original by $1000. The March 1909 shews a saving of $15,840 on the Estimate of a year ago, in spite of the fact that the new location of the Terminal Station will

involve an additional cost of $12,000.

This has been

STATION BUILDINGS. The Estimate of February 1908 exceeded

that of June 1907 by $226,604. This as stated in the margin was to provide permanent buildings at the Terminal Station,

for which no provision had been made. decreased in the March 1909 Estimates by $1.53! But in the

meantime it has been decided that the expensive Station buildings shall not be erected (in view of the possibility

of

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