There is therfore

A sum

I approximately

expected the

on the 31% / Deer 1912

175

278, 4070

603 467

this sam

$700.

oow to be found from souphes balances.

These are

$2,339,783 but of this

tempormily hypothecated

for the purchase & land for the Raitong dition.

$1,538,000

Au

This amount will wren

ven traky

come

from Loon

but in the mean time the available estimate x

be $801,783.

x

to a matter & fact however the neeusong

an the saves for railing purchases an advanced by the C.A. at hand rate, 30

that the proposed deficit is not & so much

Iwone

as the For pounty- importance. In any can,

half the cost of the

12

out in para Typhoon refuge is to come onto balances " if the fill amount estimated ($450000) is spent in 1913 the total expenditine will be $1,536,934 (which $778,467 ved Last come out of balances. As a matter & fact on by $195,000 har hun changed & balance

2,339, 1,536

801,7

x

8

there is therefore $ 603,46y" available mint&balances

in any case which

we had agreed to spend. The for has

added on another $90000 20 4

to cour

both the propond expenditure on the Refuge ($450000) & the expentru on the Recessoir ([250000) which interly ended. Tor! not mind this so much, though it

550

to

the

will reduce the soupher balances to if it were not what $1,600. that he threatens in the last sara desp merises (pay amounting $90,000 in 1913. (presumally in four trust), & a rivision of pay por subordinates involving

$10000 or more

The opuim

an increase

mave

1

(En/ $7506), while

resence is found to disappear

no time that if exchange (fined for the purposes of the estimates at 1/10) pusfall to 119, Follow with have to be paid out. On the

: and it must also be remembered

Mor

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