& nites on advances shd he set of against

each other, a the nett remainder added to o subtracted from Rereume. In thei mitance

intrests on balances mu$$28.000 + the interest the balance of interest food on off 28.000 gold pars & Gut an advances excuted that account, the item on the

This that for the Monitorturection

urune side is thus made to disappear and aduce o the assessable Revenue from the fagain $6,470,000 and to $6442 000 odd

This W... were compand

The Trauerer (16032) propores to wret the ourpagment from the 1908 account.

This is inferons but I think the Treancer is quite wrong in his theory that sums interest so he set of against sums paid in interest. Das two are

not connected in

гл

any way.

14-01-0000-4991 17183 A

250

point; & if they do I don't think we have

any case.

In reins of the proposed deduction from the of acesents I think we shat case onssclears trouble, if we hh the Wo. now, in sending

Haus verpy the Tracer's ruinte that the P. ft. think the Local Eats contention as to interest cannot be sepheld that coumquently to dedration on he made from 1978 account to any overpayment.

? so proud. Minh Sor according t

Su sho

hi

ay umans

wd. apply with much peater force. iit Ithe mutestined, to Post Office hausactions We sad winct the total costo P.D. from the resence xed from it,

a nè pron,

befue assessing revenue for military antibution

I am pretty some that W.D. ink take the

ponit

22597

JR 9.

an which this been recided to change interest an advances & Racking Construction teck misted of the Expy Eshimates

expenditure. This seems to settle the question against the Trasmer

har Collins

R.

Very similar of th This is the old

reimbursements, weder

Question of

I think that'

-grande

in

the Treasurer's foreroding is accordance with what might

To have

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