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oj alsoqqa noiteeup sint of yiqen eft

Hi Juodiìw rsou a eaisy neo ynolod ok

TRIBOLI A

-:awollot

edsj2 to gustarɔed grid 10

Tot al Joetdo arid Jnemgbut std at 11

(a)

HJynolod • to tremqolaveb yumibro edt abistuo

How cao odd to eoivres als not bad gnidnië brus

bel blow akit .exûjibreqxü yusuib70 of betideb

*

na to eu ieved Ianottibbs TOT betoetisku migisi

.93%.io wen orit deem of beater ed of oved blwow

p.a ed of eleven grantbe. ads sooqqua,eiquexe

318k adr .000.000. ed of equtibnəqzi yısuł b10

i olid of aeog tied (yaa) doldw to) 000,000,5$

Piw ymofoɔ BKT .(noitudijno✪ yıættft. of lad

((you) neulær isdate to viudenosû add tɔ Molveme bos amornoH yd anof aw sa Toddła ,000,000.00$

,noteesonoo svenido a meeber of yoresov euentro

hejnl enT ativeor fetzequl and dofriw yawllef a

muruLe 100 000,00€ tuea) of Jnuoma brwi gabine

kio alij Jeem of aexej enjze no Jum os szíi ynofo0

ze ji w 000.004,8% of smieved att sease'ront

tilidell atris to truboos no 000,00%, NV of seatt

.000.000.0$ autumor algasм ent

baumoves vienkou a'yaoloŭ 4 Ju (d)

In eonslad vinzen yedit IIIJ spaseroni arut Ibraqze

nsol a sasisı ynolod orla euraveil erom gatatsı 10

(*26 Baboon aji no gaiyrimo to da00

381 84

At mot egrado Isunns erit,50 bra 2001 at guodgnoll

Mibrü of eidsegredo od son kinow asod 8 doua to

tedd sum eunevoli erð aтBey equjut al bus ,erutib

Jeem of beatuper trwona erit olduobed beasoront

E en mi sasetoni Jnensmreq isitmoupeanoo a diiw

0

which is thus automatically adjusted.

For

Contribution,

example. The Ordinary Revenue is estimated in a given year to be $6,000,000 and the Ordinary Expenditure (viz.apart from the Military Contribution and Public Works Estimates)

to be $5,000,000. This, when the Margin is divided between the two, gives only $500,000 for Public Works, and the Colony instead of increasing its Revenue raises a Loan of $1,000,000 the Interest and Fund for which amounts to

$40,000 per annum. The Military Contribution therefore is only $500,000 for the year and the sum available for Works 18 $1,500,000. But the next year the Debt charge falls due,

(and in each subsequent year). Suppose that the Revenue

and Expenditure have adjusted themselves to the normal proportion of $6,000,000 and $4,000,000 respectively, (if not the Colony must raise the extra Revenue it omitted to do previously) without taking this Debt charge into account, and suppose that the normal amount of $1,000,000 is required

for Public Works. Then the Colony must find not $40,000,

but $80,000 extra in each succeeding year (for Loan Account}

and the Military Contribution increases each year by

$40,000 thus:-

Kil.Con. P.W.E. Ord.Exp.

$1,040,000. 1,000,000. 4,000,000. 6,040,000.

Ord. Rev. $6,080,000.

Doduct Exp. 6,040,000.

40,000

Available for service of

Ioan

The funds ascruing from any work constructed by a

Loan of the class first referred to viz. outside the

ordinary works of the Colony would not be credited to

Ordinary Revenue until such time as they equalled and

exceeded the total Loan Charges, together with any cost of

maintenance and working expense8. Till then they would appear as Extra-Ordinary Revenue not assessable to Military

Contribution.

18

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